2024-12-31-accounts

REGISTERED COMPANY NUMBER: 06550075 (England and Wales) REGISTERED CHARITY NUMBER: 1123975 (England and Wales) SC041252 (Seotland) REPORT OF THE TRUSTEES AND CONSOLIDATED FINANCIAL STA TEMENT FOR THE YEAR ENDED3JST DECEMBER2024 FOR THE CHURCH OF PENTECOST- UK

THE CHURCH OF PENTECOST - UK CONTENTS OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Page Reference and administrative details Report of the trustees 2 to 12 Report of independent auditors 13 to 16 Statement of finaneial aetivitles 17 to 18 Statement ol finanelAI position 19 to 20 Statements of eash flows 2nd notes 21 to 24 Notes to the finaneial statements 25 to 44 D¢tall¢d statement of financial aetlvltles 45 to 47

THE CHURCH OF PENTECOST - UK REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2024 TRUSTEES Reverend Dr. L. Donkor (Chairn]an) Reverend K. Frempong-Boadu (Secretary) Elder S. Owusu-Ansah (National D¢acon- apw)int¢d 5.7.24) Reverend E. Danso Reverend G. Korankye Reverend E. Appiah Reverend M. Tedeku Reverend C.T Adupong (appoint¢d 5.7.24) Elder E. Simpson (appointed 25.7.24) Reverend A. Arthur (resigned 29.9.24) Elder K. Adomako (resigned 1.5.24) Reverend Alex Apenteng-Boateng (resigned 1.5.24) COMPANY SECRETARY Rcvercnd K. Frempong-Boadu REGISTERED OFFICE 746 Green Lane Dag¢nham Essex RM8 IYX REGISTERED COMPANY NUMBER 06550075 (England and Wales) REGISTERED CHARITY NUMBER 1123975 (England and Wale5) SC041252(Scotland) INDEPENDENT AUDITORS Leroy Reid & Co Chartered Certified Accountants and Statutory Auditors 299 Northborough Road London, SW16 4TR SOLICITORS Anthony Collins Solicitors LLP 134 Edmund Street Binningham, B3 2ES BANKERS Royal Bank of Scotland 36 St Andrew Square Edinburgh, EH2 2YB Lloyds Bank 25 Gresham Street London, EC2V 7HN The Charity Bank Fosse Flouse 182 High Street Tonbridge, TN9 1 BE

THE CHURCH OF PENTECOST- UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 The trnstees who are also directors of the charity for the pU￿OSeS of the Companies Act 2006, present their report with the financial Statements of the charity for the year ended 31 st December 2024. The trustee5 have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Slandards applicable in the UK and Republic of Ireland (FRS 102). (effective l January 2019). OBJEcfivES AND ACTIVITIES Objectives and aims The main aim of thc Church is lo bring the world to the saving knowledge of Christ. The church seeks to achieve its aim by pursuing the following objectives To advance the Christian faith, the Word of God and the full gospel of our Lord Jcsus Christ in accordance with the Tenets of Faith in such ways and in such parts of the United Kingdom or the world as the trustees may, from time to time, deem fit. To wli¢ve sickness and financial hardship and to promote and preserve good health by the provision of funds, goods and services of any kind, including the provision of pastoral support and counselling in such parts of the United Kingdom or the world as the trustees deem fit. and To advance education in such ways and in such parts of the Unilcd Kingdom or the world as th¢ trustees deem fit. The trustees conlinue to pay due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Public benellt The trustees ofThe Church of Pent¢cost-UK had due regard to the public benefit guidance published by the Charity Commission in compliance with their duties under section 17 ofthe Charities Act 2011.This guidance scls out two kcy principles: The organisation must have an identifiable benefit, and the benefit must be to the public or a section of the public. Some of these bencfit5 are set out below: The activities of the church during the period under review increased the awareness of God's presence in various towns and cities in the United Kingdom, helped people to learn and grow as Christians through sernlons and Bible study scssions and supported the provisions of religious ¢du¢ation. Our churches and members arc Committed to sharing God's love in a practical way in our communities.

THE CHURCH OF PENTECOST- UK REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31ST DECEMBER 2024 Volunteers The Church makes extensive use of volunte¢rs including Elders, Deacons, Deaconesses, and other lay mcmbers in the perforniance of its activities. Their sacrificial giving and selfless devotion to the work of thc Church is greatly appreciated by the Trustees of the Church. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The Charity is governed by its memorandum and Articles of Association. In addition, a5 It operates as a company limited by guarantee, it IS subject lo the provisions of Companies Act 2006. Legal structure of the charity The Church of Pentec05t-UK was incorporated as a company limited by guarantce on 31 March 2008 and registered as a UK Charity on 7 May 2008. Prior to its incorporation, the church operated in the UK as an arriliate of Elim Foursquare Gospel Alliance. Subsidiary On 5 August 2020, the Church of Pentccost-UK became the sole member of Birniingham Christian College, a registered charity incorporated in England and Wales. The charity and company registration number5 are 1002205 and 2320164 respectively. Birn]ingham Chrislian College's registered address is.. Crowther Hall, Hamilton Drive Selly Oak Birniingham B29 6AJ Recruitment and appointment of new trusteeg The trustees are drawn from a pool of experienced ministers and officers who are well versed in the operation5 of the church. However, every effort is made by the church to brief the trustees of their legal responsibilities on a regular basis. Charlty slrueture and hierarchy The Charity is decentraliscd into five administrative areas- London North, London South, Milton Keynes, Manchester and Bimingham. Thc five administrative areas ov¢rsee the opcrations of 39 Pastoral Districts.

THE CHURCH OF PEIYTECOST - UK REPORT OFTHE TRUSTEES FOR THE YEAR EIYDED 31ST DECEMBER 2024 For the year ended 31 December 2024, a lotal of 205 local churches (2023.. 179) operated under the oversight of the 39 Pastoral Districts. During the year twenty-six new local churches were established across the nation. I*vels of governance To ensure active participation of members in the operdtions of the church. the charity ha5 established four levels of governance to reflect the decentralised nature of its operations. These are- the National Council. Area Council. District Presbytery and the Local Presbytery. 'lThe role and composition of the various bodies are explained below: Thc National Couneil The National Council is the highest d¢cision-making body of thc church. It nornially mects oncc a ycar in eithcr January or February. In accordance with the governing document of the church, the trustees report to the National Prcsbytery Council on the progress and operalions of the church. Issues of major importance are submitted to the National Council meeting by the Truslces for guidance. The National Council consists of the Truste¢s, Ministers of the Church, Ministers, Wives. Area and District Executives, Area Ministries, Leaders, Presiding Elders, National Ministries, Lead¢rs and their Deputies, two Deacons and thr¢e deaconess¢s from each District, Chainrlen of National Boards and Committces, and all the members of the National Finance Board. Trustee BoardlNational Executive Council (NEC) The Trustee Board is responsible for thc day to day running of thc church. The Board is made up of 9 members: seven ministers and 2 elected lay officers (Elders). The ministerial group of the Trustee Board is made up of the National Head (head of the trustee board), heads of the Administrativc Areas (the fiv¢ Ar¢a Heads), and one Minisl¢r's representalive, The Ministers, representative and the two lay leaders of the church are elected by the members of the National Council, Elected trustees serve on the Trustc¢ Board for four (4) years and are eligible for re-election. Th¢ leader of the Wornen's Ministy and h¢r assistant are invited to attend meeting5 of the Trustee Board. This docs noi only enhance the decision-making process of Éh¢ NEC but also creates an environment for the views of major stakcholders of the church to be heard the at top management level of the church. The Church of Pcntecost-UK 15 part of Ihe Church of Pentecost, a global dcnomination. It is worth noting that whilc decisions relating to the operations of the church are made by the Irustees in the UK, the Chairnian of the Board of Trustees {National Head) is appointed by Ihe International b,xecutive Council of the Church of Pentecost. The Area Council The Arca Council 15 the highcst policy implementation body in the Area. It receives and ratifies reports submitted to it by the various parts of the church operating in the Area. The Area Council elects the Member5 of the Area Executive Committ¢e, a body r¢sponsible for the running of the church in the Area. The Area Council consists of the Are8 Head, Ministers of the Church in the Administrative Area, Ministers, Wives in the Area, Area and District Exccutives. Area Mini8tries' Leaders, the Prcsiding Elder5 of the local churches, two Deacons and three Deaconesses from each District in the Area. The Area Council mettts at least twice every calendar year. District Presbytery The District Presbytery is the highest policy implementation body in the district. It consists of the District Minister, the District Minister's Wife, Elders, Deacons and Deaconesses in the District. The District Presbytery elects the mcmbers of the District F.xecutive Committee, a body responsible for the running of the church in the district. The District Presbyiery elects the non-pastoral members of the District Ex¢cutivc Committee.

THE CHURCH OF PENTECOST- UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 The Local Presbytery The Local Presbytery decides on matters concerning the local church, which are delegated to it by the Trustees (National Executive Council). It consists of the District Minister. the District Minister's Wife, Elders, Deacons and Deaconesses in the local church. In the absence of the District Minister, the Local Presbytery is headed by a Presiding Elder who is elected by the Local Presbytery for th¢ day to day running of the lucal church. Parlieipation of Members Members participat¢ in the running of the rharity through their representatives at National Council M¢¢lings. In addition, c1￿Ular5 are sent from the National, Area and District to membeTS to inforni them of decisions and aclivities of the church on a regular bas1S. Key Management Personnel and Remuneration All issues relating to the Working conditions of Ministers of the Church are decided by the Salaries Committee, sub-committee of the Finance Board. The Salaries Committee is made up of the non-paid officers of th¢ church on the National Finance Board. To ensure transparency and independence in the setting of Ministers, stipend. the Salaries Committee has over the years adopted the Salaries Scale recommended by Elim Foursquare Gospel Alliance for its Ministers. The aggr¢gate amount paid to key management personnel during the year is detailed below; Name Rev E Donkor Rev K F- Boadu Rev G Korankye Rev E Danso Rev E Y Appiah Rev M Tedeku Rev C Adupong Rev A Arthur P051tion National Head National Sec Area Head District Pastor Area Head Area Head Area Head Areil 14ead er Pension 2024 60,942 46.462 56,693 51,988 46,262 56,943 48,613 2023 59,244 56,492 53,858 46,680 52,892 53,858 43,464 55.020 40.384 50,519 46,012 40,184 50,769 42,745 5,922 6,078 6,174 5,976 6.078 6,174 5,868 361.,0_89. £407,817 419,06.8 Trustees werc reimbursed cxpenses for the year as shown below. Name Position 2024 2023 Rev K F- Boadu Eldor J Adomako National Secretary National Deacon (115124) Nil 1,029 286 Trustees Vdnd Related partie5 Seven trustee5, by virtue of their positions as Pastors of the Church receive a salary as Stated in th¢ir condilions of service. Those individuals are shown under the heading "Key Management Personnel and Remuneration" above. There were no related party transaction5 With any connected person other than th05¢ disclosed in note 26.

THE CHURCH OF PENTECOST - UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 STRATEGIC REPORT Achievement And performance - Charitable aetivities The 2024 annual theme of The Church of Pentecost, "A People of God Unleashed to Transforni Their World" (I Peter 2.9; Acts 1.8), served as the guiding framework for all ministy activities of The Church of Pentecost-UK during the year ended 31 Decemb¢r 2024. This theme, in synergy with the Church's five-year strategic agend4 Vision 2028, inspired a renewed commitment to making the presence of the Church felt across every sphere of society. Vision 2028 emphasizes ihe Church's mission to influence communities through servic¢, compassion, and the demonstration of kingdom values in everyday life. Members were equipped and mobilised to engag¢ their environments - homes, workplaces, schools, and public spaces with integrity, love, and purpose. As a result of focused teachings, leadership developmcnt, and community outreach, members have become significantly more aware of their role in fulfilling the Great Commission, not only through evangelism but also through active participation in the socio-economic and cultural life of their communities. This awareness has translated into tangible actions: promoting social integ7ralion, standing against bigotry and antl-50cial b¢haviour5. and advocating for cthical decision-making in their spheres of influence. The Church has intentionally empowered its members and volunteers to be agents of Iransfonnation to spreading mpassion. fosteringy unity, and 5ervin¥ as b¢acons of hope in a divcrse and complex society. The initial impacl of Vision 2028 has been overwhelmingly positive. wilh increascd community engagement, spiritual growth, and societal relevancc across the nation. A summary of activities undertakcn by the Charity during the year under review: 1.024 Evangelislic Outreaches werc held in the Nalion. 815 souls wcre won to the Lord, representing a decrease of29.9010 compared to 2023. 498 converts wcre baptized in water, reprcsenting a decrease of 31.7 % comparcd to 2023. 26 new assemblies (congregations) were started in 2024. 7 new districts were Created in thc year under review. 476 members received baptism in the I loly Spirit. 357 backsliders were supported and won back to full fellowship. 182 1 lome Cells operated during the reporting year. 596 Biblc Study groups opcraled during the reporting year An avcrage of 9,629 people attended Sunday Bible Studies on a weekly basis 5,071 weekly Bibl¢ Study classes were hcld. 1,334 weekly New Converts, classcs were held. 4,733 Mid-week meetings for teaching and prayers werc h¢ld. 631 Talks werc given on ma￿lage and Family l.ife in all the districts. 11,300 classes were held in total by all ministries to inforni, instruct and guide members on various aspects of social, health, economic and spiritual lifc. 2 ministers { I fulltime and l Bi-vocational) were called into the ministry. 2,906 ordained lay leaders voluntecred in the areas of finance, administration and pastoral ¢are. 800 students participated in PENSA activities in 50 University campus in the UK. A property valued at £ 300k was acquired for a place of worship. We continue with the full renovation of James McKcown Tcmple at1123 Cathcart Road, Glasgow, which ommcnced in November 2023. 2 missionaries were sent out to Guernsey and Serbia. Volunteers and O￿lCerS Appreciation Wcek was held in all districts. Church members led Smethwick clean up in impactful environmental initiative. Education on environmental care operations in partnership with Sutton Trnst. Community-driven Carols Night events were organised across some areas. These events fostered inclusivity and strengthened community bonds, Showcasing the church's role in promoting joyful and meaningful gatherings. Provision of Work Experience for college students assisting them with Medta and ICT.

THE CHURCH OF PENTECOST - UK REPORT OF THE TRUSTEFS FOR THE YEAR ENDED 31ST DECEMBER 2024 Aehievement and performanee- eont'd Membership statistics Membership increased by 9.2 % frorn 25.419 to 27.749 when compared with Same period in 2023. The age distribution of m¢mb¢rship at 31 December 2024 15 as follows: Children below 13 years - 6,062 (6 % )' 2023 - 5.669 (22.30/0). Members ag¢d 13 - 35 years- 10,223 (13.7%). 2023 - 8.994 (35.30/0) Members above 35 years - 11,464 (6.60/0). 2023 - 10,756 (42.3 % ) Activities of the Church Tefiehing Sessions on Annual Theme Extensive teachings on the theme of the year were organised in local churches in the UK. This helped to deepen members, understanding of the annual theme and the main thrust of the Vision 2028 agcnda. Gospel Sundays ID 2024, Gospel Sundays were observed on the second Sunday of each month across all local assemblies of The Church of Pentecost-UK. This initiative served as a strategic ¢vangelistic tool, encouraging members io invit¢ friends, neighbours, and colleagues to attend in person or join via digitdl platfornis such as Facebook and Zoom. Services were intentionally designed to be welcoming and impactful, often incon)orating child naming, dedication ceremonies, and post-funeral Ihank5givinby services to attract diverse audiences sceking hope and comfort. To foster fellowship. several asscmblies hosted tea, coffee. or breakfast sessions after services, crealing a warni and engaginbF environment for visitors and returning members. Additionally, targclcd follow-up visits to backsliders and inactive mcmbers were conducted on Gospel Sundays, reinforcing the Church's commitment to restoration and inclusion. The initiative significantly enhanced outrcach, strengthened evangelism, and increased community engagement. Ministerial Lay leader$hip training In 2024, The Church of Penlecost-UK prioritized leadership development to enhance operational efficiency and community impacl. In collaboralion with Birniingham Christian College (RCC), 496 individuals, including ministers, lay Icaders, members, and ministers, spousos were sponsored for various theological and leadcrship programmes. 8 ministers pursued postgraduate studies in lTheology and Stratcgic Lcadership and Management, while another 7 enrolled on BA in Theology. Addilionally? 145 lay Icadcrs and minislers, wives received training in Christian counselling. and 6 completed professional qualifications by the Counselling and Psychothcrapy Central Awarding Body (CPCAB) Levels 2 and 3. A further 337 leadcrs undertook the Certificate in Christian Ministry and Leadership. To complement fornial educalion, several districts ran monthly leadership Schools to equip ¢ld¢r5, d¢acon5. and deaconesses with practical ministry skills. Ihese initiatives reflect the Church's commitment to building a capable, spiriNally grounded leadership base aligned with the Vision 2028 agenda. Holy Spirit Baptism Sessions Districts and local churches held Floly Spirit baptism sessions on a regular basis. National Holy Ghost Conventions were held for all churches under the theme "Thc Spirit gives life (Ezekiel 37.1-14). The global celebration of Pentecosi Week was observed across the nation with intensified prayer for the baptism in the Iloly Spirit.

THE CHURCH OF PENTECOST- UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Conferences, retreAts and Seminars Retreats were held at various levels to equip both ihe officers and members of the church. Retreats focusod mostly on the thcme for the year. Leadership schools and seminars were also held to train the lay leaders of the church. Seminars, retreats, and conferences were hcld at both the Area and District levels to teach and pray on MÉirriage and family lile to ¢nrich th¢ lives of members. Some Districts incorporated teachings on marriage and family life into the discipleship and new convcrts classes. Members were encouraged to obs¢rve the first Sunday of every month (after church) as a family day to enhance relationships with the familie5. Discipleship Programmes Bible Study In accordance with the delivery strategies of Vision 2028, weekly bible studies are held in all the local churches to equip members as God's arn]y in the possessing the nations agenda. The resources used during bible studics includcd the Church of Pentecost Bible Study Guide 2024. In various districts, Bible study teachers met regularly in advance to prepare for the Sunday class. The structured approach to the Bible Study Sessions attracted a high level of interest and rnotivated members to practice personal devotions. Home Cell Home Cells function as avcnues for pastoral care, follow-up and visitation. Home cells typically meet once a month and were organised to be community friendly. As al 31 December 2024, 182 fully ￿nCtIOnal Home Cells were in operation in different parts of the country. New Convert$lMembers New convcrt5 classes werc held to disciple and integrate new Converts into the local churches, New converts underwent mandatory courses and mcntorship on the tenets of the church, church practices and the core values of the Church of Pentecost. The classes were run either throublh physical meetings on Sundays or virtually during thc week. Operations of Ministries and organi5ation$ The Counselling Mlnlstry Districts have counsclling team5 set up at District and Local levels. Most lay counsellors have attended counselling courses at the Birniingharn Christian College. The counselling teams dealt with cases such as marriage and relationships, child delinquency, social, financial, academic, moral, spirilual, health, amongst others. The Ministry also provided spiritual dircction and talkingi therapy. Prc-marital ¢ounselling ¢lasses were held for would-be couple5. 'fhe counselling teams also sign-posted member5 to relevant ¥overnmcnt other agencic5 and support networks. Evangelism Ministry F,V<ingelism coordinating teams existed at every administrative level of the church and they ensured that the evangelism activities at each level were well organised. Outrcaches were held in major cities and towns in the nation. There were collaborations between F.vangelism and other Ministries to spread the gospel of Jesus Christ. Districts and locals Assemblies engaged in innovativc modcls of evangelism during the period under review. Breakfast and lunch mectings were held with the aim of reaching the unsaved as rnembers invited their friends and family to such programmes. In Novernber 2024, the church relaunched, the One membcr, Onc Discipled Soul Project during the church's national evangclisrn week, and members were encouraged to share thcir faith with their unbelieving colleagues and family members. Chaplaincy Ministry Functional chaplaincies exisling at the district level are the Prison and Hospital Ministry and the Ministry to Refugees and Asylum Scckers. The Refugees and Asylum Seek¢rs chaplaincy was launched during the year under review.

THE CHURCH OF PENTECOST - UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Children's Ministry The Children's Ministy held the national Quiz Competition in June which saw almost fify children participating in the various age categories. The children engaged in activities that imbued them with life skills and deep spiritual knowledge. The Ministry has several dedicated volunleer teachers whosc teachings are impacting on the spiritual and physical well-being of the children in the church. Youth Ministry The youth participated in all church activities held during the period under. The Youth Ministry was represented in all aspects of our liturgy and were especially at thc forcfront of our media ministry, music ministy, sern]ons, technical etc. The Youth Ministy extended its operations. This increased the number of Pentecost Student Associations (PENSA) in the UK from 48 to 50. The sense of bclonging and usefulness that these activities create in the youth help them to improve their life and moral skills, technical skills and good cilizenship. National Youth & PENSA Minislry introduced a concept called TRANSFORMERS TOUR which is a rcvival and evangelistic program hosted across different towns and cities across the nation. The l O tours held across the nation yielded many cxceptional results with attendances toialling over 1,200+ tran5fomi¢rs across Ihc nation. Women'5 Ministry The Leadership of the Ministry mobilised members to participate in all National, Arca. District, and I,ocal events. The ministry was particularly helpful in mainlaining thc spiritual momentum of the women in the church through vaTiOUS prayer-based initiatives. Th¢ Ministry organised seTninaT5 of the following topics; Well-Bcing and Repositioned Woman- "General health check how to avoid emergency admissions Kidney Care" "Physiolherapy and Pharniacy - Role in Respiratory Inpatient Care" Health talks on High blood pressure, Prostate and Cervical Cancer. 'Ihe evcnts were well attended and has shown growth in thc ministry. Pentecost Men's Ministry (PEMEM) The Men's Ministry organised a range of aclivities on the thcmc for the year. A nolable event during 2024 was the National PEMEM successful launchingy of Pemfit and Failhful Giants during the National PF.Mb.M week held al Milton Keyncs on Saturday 15th Junc 2024, under thc Theme: "A Peoplc of God Unleashed to Transforni Their World" (2 Peter 2.'9-10 & Acts 1.8). A tolal of 525 men regislered to attend thc conference. These programmes and aLtivities have contribuled to the holistic devclopmcnt and transforniation of the men in the church inlo blodly leaders of their homes, The Christian Healthcare Professional Network (THE CHPNET) The physical wcllbeingy of thc members ol. the church is of paramount irnporlancc lo the leadership and hence health talks were incorporated into all major aclivities of the church. The Cl IPNET) hcld hcalth talks on various topics across thc nation. Thcy also held a leadership conference in November on women empowement, in healthcare education and hcalthcare provision in the communities in the UK. Some health activities and topics in the review period werc "Women's Wcll-Being and Rcpositioned Woman- A Peacemaker, General healih check - how to avoid emergency admissions" Kidncy Car¢" "Physiotherapy and l)harTnacy - Role in Respiratory Inpatient Care Other tOPlC5 included Health talks on High blood pressure, Prostatc and Cervical Cancer, while awarcness was also created for the members to go for regular chcck-ups. Monthly Local Presbytery Meetlngs To meet the rcquirernents of Vision 2028, monthly local presbytery meetings were held by local churches. The meetings were used to review the implementation of Vision 2028, assess the local church's performance and addrcss issues of concern to member5. This has resulted in a remarkable increase in visitations and contacting of members. OTHER ACTIVITIESIACHIEVEMENTS Conventions The 2024 National Easter conventions were held from W¢dnesday 27th March 2024 to Sunday 31st March 2024 under the theme, ' Crucified with Christ! Living In Him by Faith Forever (Galatians 2.20). National Holy Ghost Prayer Conferences were held across in all district5 of the church from 21 st lo 26th May 2024. Christmas Convention was held successfully across the nation in all Districts. Members experienced the power of the Holy Spirit through ihe ministrations from the various speakers.

THV. CHURCH OF PENTECOST - UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 Achievement of Projections All-ministers meeting held in January. Local welfare week held in January. National Councillors Meeting held in January. National Officers Apostoli5ation Week held in February. McK¢own Missions Week was held in March. National Women's Ministry W¢ek observed in March. 5-day East¢r Convention at District level wa5 organised in March National All Ministers and Wives Praycr Mccling held in April. Pentecost Week Holy Ghost Prayer Conference held in May. National Men's Ministy Week organi5ed in June. National Women, Conferencc 8uccessfully held in October. Ministers and Wives, Residential Retreat was held successfully in November. Missions Offering increased by 19.60/ Tithes and offering increased by 13% McKcown Missions Week offering increased by 17.230/0 STRATEGIC REPORT Flnanelal review The group result5 for thc year under revicw reports a surplus of £2,706.143 (2023 £1,033,994). This include5 a su￿lUS of £2,493,296 (2023 - £1,038,378) from the operations of thc parent charity. Incoming resources for the year was £11,204,692 (2023 £9,510,668). The is an increase of £1,694,024 or 180/ on the previous ycar. The total expcnditure on charitable activities for the year was £1 0,026,989 (2023 £8,482,154), reflecting an increase of £1,544,835 or 18Q/o compared to the prior year. This uplift is primarily attributable to the expansion of our missionary operations, which included the establishment of additional districts and local assemblies across the United Kingdom, Serbia, and Gucrnsey. lThese developments necessitated increased staffing and associaled costs. Additionally, interest costs rose due to a bridging loan used for acquiring the property at 12-38 Hatcham Road, fully r¢paid in July 2024, ceasing furthcr interest accruing thereafter. Prlneipal funding sources The Church raised the funds which it needs to cary on its activities from within its own mcmbcrship and congregation. No wider public appeal was made for funds during the year. The Trustees are satisfied thal the charity's assets attributable to each of its individual funds are available and adequate to fulfjl it5 obligations in relation lo those funds. Reserves policy As part of our ongoing commitment to financial stewardship and mission-aligned resourco management, we would like to providc context regarding our reserves policy and broader financial strategy. The church maintains only the minimum necessary cash reserves to meet immediate obligations, with a modest buffer to manage potential shortfalls in income or unforeseen expenditures. This approach ensures that resources are actively deployed in 5UPPOrt of our core mission of propagiating the gospel, rather than remaining idle. To safeguard the church's ability to operate effectively under future financial pressures, the Trustees have fomialised a Reserves Policy. Following a comprehensive assessment of potential risks, including income volatility and rising costs, the I'rustees have deterniined that an appropriatc reserve level falls within ihc rangc of 5 to 8 p¢rc¢nt of tolal income. 10

THE CHURCH OF PENTECOST - UK REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST DECEMBER 2024 STRATEGIC REPORT Reserves policy- cont'd Currenily, our reserve5 exceed this threshold. and a fornial review of the policy is scheduled in the n¢ar future to ensure continued alignment with our strategic objectives. This reinforces our financial position and supports long- terni stratcgic resilienc¢. The Group's total funds at 31 December 2024 were £22,499.550 (2023 - £19,793,407). Principal risks and uneertainties Risk Managemenl The trustees rccognise that the scope of our operations generate considerable responsibility and take seriously the need to cnsure that the reputation of the church is maintained. The Church relies heavily on thc Cfforts of volunteers at the local level. This exposes the church to failure by volunteers to comply with laid eslablished policies and internal controls. To ameliorate its risk, a National Internal Audil Committee checks the books and operating procedures of the Districts at regular intervals. Safeguarding Safeguarding employees, volunteers and the vulnerable members of the church is an issue that we take seriously. Thc church has established a National Safeguarding committee to monitor and report issucs that could potentially impair our ability to protecl our worshipers, employees and childrcn. Future plans PROJECTIONS FOR THE YEAR 2025 To deploy Business Central and Church Manag¢mcnl Systcm. 'I'o renovate old and purchase new properties. To call five new minisl¢rs in mini5ty. l o observe a local welfare week in January. To hold National Evangclism Seminars in February and Evangelism month in August. To hold officers Apostolisation in February. To hold McKoown Missions week observance in March. To hold an all ministers and wives, prayer meeting in April. To hold Children's Ministry teachcrs safeguarding training in May. To hold Pentec05t week Holy Ghosi Prayer conference in May. To hold the National Children's Ministry qui£ in June. To observe National Chaplaincy month in July. To observe a National Safeguarding Awareness Day in July. To hold national projects day offering in July. Refurblsh 12-38 Flatcham Road property. To hold the National Children's Ministry wcck in September. To hold Volunteers and Officers Appreciation week in October. To increase tithes and offerings by at least IOO/o.

r tJ 8TATZMiNTOF TRusfEw RESPONSlllUllfS T•yMlbk (orwpwln8 the R•p(t orth¢ thv Iln•n¢knl I¢<￿￿￿￿1th ylthl¢ tsw •odUnk¢d Acco￿1￿& SimthdlUn1￿d Kln8dthn a¢nernlly A¢¢wd Prndlu) tnclUdI￿ ':" 102 Tr PSwKial Skntsd ryyll¢4bk io th¢ UK ••d R¢N&Flir of 4'.. Callp￿Y llw rnqutrc6 the li) pw fb￿1￿•1 c4ch fllwiil y•v whl¢h li￿ a Inx •Trd . falr vl¢v of th¢ w of afkn rf the ¢hvithblo Ind of Ino)mkn8 •nd •pplIc￿l0￿ rf ' . th¢ Intane TrJ •xp¢ndltur¢, of th¢ d￿l￿bI¢ ¢oMp￿Y fir ID Byiini . (&g¢TYe th• WMI Fffkn¢lpJH ID th• Chwity SORP: 6 Aud 8 of Ac¢omts (S¢LrtW) Rryulthw 2006 (Ai Amffi￿. They mi •bo fty th¢ of thv kn¢t r( lakkn8 r¢uonthlD • for th# th¢ t•kM all itv (rf4bt ts baye lak¢n ty Tr•k¢ 1kng¢lve5 awve of My r¢1¢¥￿ iwlil AUDrrops Th¢ & Co, wlll b¢ far ff4ppoinlli•Di rtth• (orth¢(4nkni AnrA•i (l*Mrnl MKIIw. R¢pyl oftho Ily￿d OTh the bou&& behalf trj: 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHURCH OF PENTECOST - UK Opinion We have audited the financial statements of The Church of Pentecost - UK (the parent charitable company,) for the year ended 31st DeceTnber 2024 which comprise the Consolidated Statement of financial activities, the Consolidated Statement of financial position, the Consolidated Statement of cash flow5 and notes to the financial statements. including a summary of significant accounting policie5. The financial reporting framework thilt has b¢en applied in their Preparation 15 applicable law and UnTrted Kingdom Accounting Standards (United Kingdom Generally Acccpted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ir¢land'. In our opinion the financial ststernents: give a true and fair view of the state of the charitable company's affairs as at 31 st Dcccmber 2024 and of its incoming resources and application of resources, including its income and expenditure, for the year thcn ended; hav¢ been properly prepared in accordance with United Kinbidom Generally Accepted Accounting Practicc, including Financial Rcporting Standard 102 'The Financial R¢porting Stsndard applicable in the UK and Republic of Ireland,; and have been prepared in accordance with the requiremenls of the Companies Act 2006. th¢ Charities and I'rustee Investment {Scotland) Act 2005 and regulation 6 and 8 of the Charities Accounts (Scotland) Regulations 2006 (as amended). In our opinion the financial statements: give a true and fair view of the slate of the charitable company's affairs as at 31 st December 2024 and of ils incoming rcsourccs and application of resourccs, including its incom¢ and expcnditurc, for thc year then ended. have been propcrly prepared in accordanc¢ with United Kingdom Generally A¢¢epted Accounting Practice, including financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Rcpublic of Ireland and have been prepared in accordance with ihe requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing, (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further dcscribed in the Auditors, rcspon8ibilities for the audit of the fin<incial statcments section of our report. We are independent of the charitable company in accordance with the ethical requircrncnts that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our olhcr ethical responsibilitics in accordance with these r¢quirements. Wc believe that the audit evidcn¢¢ we have obtained is sufficient and approprial¢ lo provide a basis for our opinion. Conclusions relating to goillg concern In auditing thc financial statement5, we have concluded that the trustees, use of the going Concern basis of accounting in the preparation of the financial statemenls is appropriate. Based on the work we have perforn]ed, wc have not identified any material uncertainties relating io events or condition5 that, individually or collcctively, may cast si¥nificant doubt on the charitable company's ability to onlinue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of ihc trustees with respect to going concern arc described in the relevant sections of this report. 13

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHURCH OF PENTECOST- UK Other information The trustees are r¢sponsible for the other inforniation. The other infomiation comprises the inforn]ation included in the Annual report, other than the financial statements and our Report of the independent auditors thereon. Our opinion on the financial statements does not cover the other infonnation and. except to the extent othenvise explicitly stated in our report, we do not express any forni of assurance conclusion thereon. In connection with our audit of the financial statements. our responsibility is to read the other infonnation and. in doing so, consider whether the other inforniation is materially inconsistent with the financial stat¢m¢nts or our knowledge obtained in the audit or otherwi5¢ appears lo be mat¢rially misstated. If we identify such material inconsistencies or apparent material misStatemen15. we are required to determine whether this gives rise lo a material misstatement in the financial statements themselves. If, based on the work wc have perfornied, we onclude that there is a material misstatcmcnt of this other inforniation, we are required to report that fact. We have nothing to report in this regard. Opinions on other mv4tters preseribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of ihe audit: Ihc inforniation given in the Report of ihe tNstees for the financial year for which the financial statements are prepared is consistent with the financial statements. and the Report of the trustees has been prepared in accordancc with applicable Icgal rcquirements. Matters on which we are required to report by exeepllon In th¢ lighl of th¢ knowledge and understanding of the charitable company and its environment obtained in the coursc of the audit, we have not identified mat¢rial misstatem¢nts in the Report of the trust¢es, We have nothing to report in respect of the following> matters where the Companies Act 2006 and the Charities Accounts (Scotland) Regulations (as amended) requircs us to rcport to you if, in our opinion.. adequale accounting records have not been kept or returns adequate for our audit have not been reccivcd from branches not visited by us. or the financiiil slaternent5 are not in agreement with the accounting records and returns; or certain disclosures of trustees, remuneration specificd by law are not made. or we have not received all the inforniation and cxplanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of trustees, responsibilities, the trustee5 (who are also the directors of the charilable company forthe purposes of company law) are responsible for the preparation ofthe financial statcmcnts and for bcing satisfied that thcy give a true and fair view, and for such internal control a5 the trustees deterniinc is necessary to enable thc preparation of financial slatemcnts that are free from mat¢rial mis5tatemeDt, whether due to fraud or crror. In Preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosingy, as applicable, matters related to going concern and using the goingy concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. 14

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHURCH OF PEIYTECOST- UK Our responsibilities for the audit of the finaneial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement. whether due to fraud or error, and to Issue a Report of the independent auditors thal includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always delect a material misstatement when it exists. Misstat¢ments can arise from fraud or error and are considered material if, individually or in the aggregate, they could rcasonably be expected to influ¢nc¢ th¢ ¢conomic dccisions of users taken on the basi5 of these financial statements. Irr¢gulariti¢s. including fraud, are instances of non-complianc¢ with laws and r¢gulations. We design procedure5 in lin¢ with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which OUT Procedures are Capable of detecting irrcgulariti¢s, including fraud is deiailed below: As part of an audit in accordance with ISAS (UK), we exercise professional judgement and mainlain professional scepticism throughout the audit. We also: Identify and assess the risks of material misstatement of the financial statements, whether duc lo fraud or error, design and perforni audit procedures responsive to those risks, and obtain audit evidence that is sufficicnl and appropriate to provide a basis for our opinion. The risk of not detecting a material rnisstaternent resulting from fraud is higher than for one resulting from e￿Or, as fraud may involve collusion, forgcry, intentional omissions, misrepresentations, or the ovettide of internal control. Obtain an understanding of internal control relevant to the audit in order to design audit procedures that arc appropriate in the circumstances, but not for the purpose of expressing an opinion on the effcctiveness of the charitable company's internal control, Evaluatc the appropriateness of accounting policies used and the reasonableness of accounting estimates and rclaled dis¢105ure5 made by the trustees. Conclude on the appropriateness of the tTUStees' use of the going concern basis of a¢countinbF and, based on the audit evidence obtained, whether a material uncertainty exists related to events or Conditions Ihat may cast significant doubt on the charitable company'5 ability to continuc as a going concern. If we conclude that a material uncertainty exists, we are Tequired to draw altcntion in our Report of the independent auditor5 to the related disclosurcs in the financial statements or, if such disclosures are inadequate. to modify our opinion. Our conclusions are based on the audit evidcnce obiained up to the date of our Report of the independent auditors. However, future events or condition5 may cause the charildble company's to ce&se to continue as a going concern. F,valuate the overall presentation, structure and content of the financial statements, including the disclosurcs, and whethcr the finiincial stat¢ments represenl the underlying transactions and events in a manner that achicves fair presentation. We communicate wilh those ch<wged with govcmance regarding, among other matlers, the planned scope and timing ofihe audit and significant audit findings, Including any si8nifi¢&nt d¢ficicncies in internal control that we identify during our audit. 15

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THE CHURCH OF PENTECOST- UK Use of our report This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable company's trustees, as body, in accordance with section 44(1) ( c) of the Charities and Trustee Investment (Scotland) Act 2005 and regulation 10 of the Charities Accounts (Scotland) Regulations 2006 (as atnended). Our audit work has been undertaken so that we might state to the haritable company's members those matters we are required to state lo them in an auditors, r¢port and for no other purpos¢. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitablc company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have fonned. Mr Eb¢nezer Okai, (Bscj, FCCA (Senior Statutory Auditor) for and on behaifof Leroy Reid & Co Chartered Certified Accountants and Statutory Auditors 299 Northborough Road Norbury London SW16 4TR Date., Vn-A- 16

THE CHURCH OF PENTECOST- UK CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Tot81 funds 2023 Total funds Unrestricted Restricted fund fund Notes INCOME AND ENDOWMENTS FROM Donations and legaci¢s 9,544,528 1,223,890 10,768,418 9.149,873 Charitable activilies Church 122,100 122,100 85,893 BCC 4a 258,077 42.400 300,477 251,308 Investment incom¢ 13,697 13,697 23.594 Total 9,938,402 1,266,290 11,204,692 9,510,668 EXPENDITURE ON Charitable aetivilles Church Support cost Governance 5,6&7 9,123,367 290,205 97,613 515,804 9,639,171 290,205 97,613 7,979,870 277,207 225,077 Total 9,511185 515,804 10,026.989 8482 154 Net surplusl(deficit) 427,217 750,486 ,177,703 1,028,514 Gains on disposal of fixed assets 1528 440 1528 440 NET INCOME 1,955,657 750,486 2,706,143 1,033,994 Transfer between funds 22 2 582 790 Net movements in funds RECOIYCILIATION OF FUNDS 4,538,447 (1,832,304) 2,706,143 1,033.994 Total funds brought forward 15,817,948 3,975,459 19,793,407 18,759,413 TOTAL FUNDS CARRIED FORWARD 20,356,395 2,143,155 22 499,550 19793 407 *The church realised a gain from selling its Peckham property during the review period. 17

THE CHURCH OF PENTECOST - UK PARENT CHARITY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted Restricted funds fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2b 9,498,001 1,198,890 10,696,891 9,097,192 Charitable v4ctivitie5 Church 4b 84,905 84,905 85,893 Investm¢nt income 13,697 13,697 Total 9,596,603 1,198,890 10,795,493 9,206,679 EXPENDITURE ON Charitable gctivlties Church Support Cost Governanc¢ 8,9&10 8,706,128 624,275 91,851 408,383 9.114,511 624,275 91,851 7,487,815 469,968 215,999 Totsl 9,422,254 408 383 9.830,637 8,173 782 Net sU￿lUsI(derIClt) 174,349 790,507 964,856 1,032,897 Gains on disposal of fixed assets 1528 440 44 NET INCOME 1,702,789 790,507 2,493,296 1,038,378 Transf¢r between funds 24 2 582 790 258279 Net movements In fund$ 4,285,579 (1,792,283) 2,493,296 1,038,378 RECONCILIATION OF FUNDS Total funds brought forward 14,797,079 2,978,780 17,775,859 16,737,481 TOTAL FUNDS CARRIED FORWARD 19 082658 1 186497 20269 155 17 775 859 18

2014 1023 TIXED ASS£T8 T•n8iblo 23,J1S.W8 25.1SL169 cuRR¥f￿ ASStTS tkbtOT5 1,057.026 80 3617308 ￿￿33 5.20J,233 4,637.259 CRF.DITOR5 Amounts fallln8 wlthln y ia• (413.620) (5,580399 NET CURRENT ASSKTSI(LIABILITIES) 4721613 TOTAI, A￿£T$ LE&5 CURRENT LIABII.ITIES 28337.521 24209J29 CXE'I)IT()RS Arnounts 1811in¥ dwj aftor more ihxn on¢s 17 (5.737.971) (UiJ.9n) NET ASSETS 22 499 5J 19793 407 FIJNDS Unmtrlthd fun Rdvl¢¢cd IknTIth 21 20.356.39J 13.817.948 2 143 153 3 975 459 TOTAL FUNDS 22 499 350 19 793 407 flnATr¢l '¥,i.-..V.j.-knkl wmi 4pprvv¢d by Ihv Bomrd •f ThISth￿ Authorl*l fty l#u¢ . wer¢ Jigned ott Its behAif by: R¢v Lonl F.lorni-Dotykor 19

Not VIXLD Assm Tin8lble aJKts 14<b) 2V17238 2323UIO CURRENT A￿ET8 D#bto Cath ￿ bink 1S(b) 1.363.504 3 555 571 96¥,784 3 553 262 4.J29m2 4J21046 CREDI'foRS AmounLg follln8th wlthln one ye 16(b) {329. lyd) (5.565.576) NET CIJRRENT ASSE13 TOI'AL AtkSET?i L￿5 CURRENT LIABILITIES 2QOifi.126 4191.7tlO CREDTfoRS Amounls (￿lIn¥ du• Mn¢r mor¢ th4n ofto yur 17 (5.737.971) (4.415.921) NKT A&SFTS 20 269 ISJ 17775 ¥59 VUNDS 1Jnr¢qt￿¢W funOJ.' Genernl fund Roiri¢trd funds: Chv114bl¢ a¢ilvlil 19,082,658 14,797.079 TOTAL FUNDS 20269 13 w#rn ￿prOV￿ by the BLrd d Tru¥ii• lluthor130d ￿ I￿u¢ .. Ind wer¥ iiyi¢d on Its bthalfby: Rev t￿￿1 Klorm-lloftkov Trust Trus*

THE CHURCH OF PINTECOST- UK CONSOLDATED STATEMENT OF CASH FLOWS FOR T14f YEAR ENDED 31ST DECEMBCI R 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations Interesi paid 2,219,788 (785,850) 2,597,564 (664,273) Net c&sh provided by operating activities 1,433 938 1933,291 Cash llows from investing gctivities Purchase of tangible fixed assets Sale of tangible fixed assets Interest received (1,424,785) 3,637.503 (7,204.670) 11.381 23.594 Net cash inflow from investing activiti¢g 2 226,415 7 169695) Cash inflows from flnancing activitles New loaTJS in year Loan repayments in year Capital element of HP rental 1,291,458 (4,893.221) 5,84.S,000 (457,795) Nel cash (used in)Iprovided by financing activities 3,623 278 5 368 332 Change in cash And eash equivalents in the reporting period Cash and cash equivalents llt the beginning of the reporting period 37,075 131,928 3 580 233 3 448 305 Cash and eash equivalents at the end of Ihe reporting pcriod 3 617308 3 580 233 21

THE CHURCH OF PENTECOST- UK NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2024 RECONCILIATION OF1¥4ET INCOME TO NET CASH FLOW FROM OPERA TING ACTIVITIES 2024 2023 Net income for the reporting period (as per the Ststemcnt of rinancial actlvities) Adjustments for: Profit on disposal of fixed assets Depreciation charges Interest received Interest paid Increase in debtors Increasel(decrease) in creditors 2,706,143 1,033,994 (1,528,440) 952,183 (13,697) 785.850 (549,712) 132 539 (5.480) 847.724 (23,594) 664,273 (62,732) 143,379 Net cash provided by operations 2219788 2,597,564 ANALYSIS OF CHANGES IN NET (DEBTYFUNDS At 1.1.24 Net change At 31.12.24 Net eAsh Cash at bank and in hand 3 580 233 3 617,308 3 580,233 3 617308 Debt Hire purchase liability Debts falling due within l year Debts falling due after l year (101,357) (5,187,128) 4 328 089 21,515 4,958,432 1,343.564 (79.842) (228.C)96) 5 671.653 9616.574 3 636.383 5 980 191 Total 6.036 341 3 673,458 2 362 883 22

THE CHURCH OF PENTECOST - UK PARENT CHARITY'S STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Notes Cash flows from operating activities Cash generated from operations Interest paid (Ib) 2,144,931 785,850 2,586,789 664,273 Net cash provided by operating activities 1359 081 1922 516 Cash now$ from investing activities Purchase of tangible fixed assets Sale of tangible fixed assets Interest r¢ceived (1,384,689) 3,637,504 13,697 (7,204,670) 11,381 Net cash inflow from investing acttvities 2 266 512 7 169695) Cash flows from flnanclng aetlvltles New loans in year Loan repayments in the year HP Capital repayments in the year 1,291,458 (4,893,221) 5,845,000 (457,795) Net cash (used in)Iprovidcd by financing aclivities 3 623 277 5 368 332 Change in cash and eash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period 2,316 121,153 3 553 262 3432 109 Cash and cash equlv8lenty at the end of the reporting period 3 555 578 3 553 262 23

THE CHURCH OF PENTECOST NOTES TO PARENT ENTITY'S STATEMENT OF CASH FLOWS FOR THE YEAK ENDED 31ST DECEMBER 2024 Ib RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the reporting period (as per the Statement of financial aclivities) Adjustments for: Depreciation charges Profit on disposal of fixed assets Intercst received Interest paid Increase in debtors (Decrease)lincrease in creditors 2,493,296 1,038,378 893,697 (1.528,440) (13.697) 785,850 (394,720) 91,055 794.302 (5,480) (23,594) 664,273 (73,918) 192,828 Net cash provided by operatlons 2 144931 2,586 789 2b. ANALYSIS OF CHANGES IN NET (DEBT)IFUNDS At 1.1.24 Net change At 31.12.24 Net cash Cash at bank and in hand 3 553,262 2,316 3,555,578 3.553,262 3,555 578 Debt Hire purchLs¢ liability Debts falling due within l year Debis falling due after l year (101,356) (5,187,130) 4,328,088 21.514 4,945,328 1343 565 (79,842) (241,802) 5 632 402 9616 574 3 623.277 5 954 046 Total (6,063,312) 3,625,593 (2,398,468) 24

THE CHURCH OF PENTECOST -UK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 ACCOUNTING POLICIES 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 l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention STATUTORY INFORMATION The Church of Pentecost UK is a private limited company limited by guarantee without share capital, registered in England and Wales, incorporated on 31 st March 2008. The company's registered number is 06550075 and its r¢gister¢d address is 746 Green Lane, Dagenham, Essex RM8 1 YX. The company is a regisi¢rcd charity with the Charity Commission in England and Wales with charity numbcr 1123975 under its governing document, the memorandum and articles. They became a registcred charity on 7th May 2008. The charity operates as a church throughout England and Wales. 'I'he O￿lCe of Scottish Charity Regulator in Scotland with charity number SC041252 on ihe 4th February 2010. The charity operates in Scotland, Engltind and Wales and overseas. BASIS OF CONSOLIDATION The Group financial statements of the Charity (COP-UK) and its subsidiary (Birnlingham Christian College (BCC). This is the first full year results for the subsidiary. Busincss combinations are accounted by using thc acqui51tion method. Where necessary, adjustments arc made to the financial statements of subsidiaries to bring the accounting policies in alignment to those us¢d by the Group. All intra-group transactions, balances, income and expenses are eliminated on consolidation. INCOME All income is recognised in the Statement of F inancial Aclivitics once the charity has cntitlement to the funds, it is probable that thc income will be received and the amounl can be measured reliably. EXPENDITURE Liabilities are recognised as expendilure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of cconomic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expendilure ts accounted for on an accruals basis and has been classified under headings that aggregale all cost related io Ihc category. Where costs cannot be directly attributed to particular headings they have b¢en allocated to activities on a basis consistcnl with the use of resources. TANGIBLE FIXED ASSETS Deprecialion is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold propety 20/0 on cost Long leasehold 20/0 on cost Planl and machinery 250/0 on cost Fixtures and fittings 250/0 on cost Motor vehicles 25 % on cost TAXATION The charity is ¢x¢mpt from tax on income and gains within the Section 5.5 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable activities. 25

THE CHURCH OF PENTECOST- UK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 ACCOUNTING POLICIES - continued 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 restricled 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 ￿nd is included in the notes to the financial statements. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charitable company operates a defined conlribution pension schem¢. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial A¢tivities in the period to which they relate. PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS The charity operates a defined contribution plan for its ¢mploy¢es. A defined contribution plan is a pension plan und¢r which the charity pays fixed contributions iTJto a s¢paTate entity. Once the contributions hav¢ been paid the Gharity has no further payments obligations. Th¢ contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in an independently administered fund. GROUP DONATIOLYS 2024 2023 Tithes and offerin85 Joint services offerin&, Gift aid receivablc Blankson boundations Joint Ministries offering Pension offering Building Fund offering Van Offering BCC Offeringys Donations received by BCC ,907,152 68,618 940,677 15,184 7,494,647 52,150 782,088 98,786 18,566 625 620,962 21,397 7,969 751,971 13,292 10768 418 9 149 873 GROUPCLASSIFICATION OF DONATIONS 2024 Total runds 2023 Total funds Unrestricted funds Restrieted funds Tithes and offerings Joint scrvlces offering Gift aid receivable Blankson Foundation donations Joint Ministries offering BCC offerings Pension offering Building Fund offering Van offering Donations received by BCC 8,488,709 68,618 940,677 418,443 ,907,152 68,618 940,677 15,184 7,494.647 52.150 782.088 18,566 98,786 7,969 625 620,962 21,397 15.184 13,292 13,292 751,971 751,971 46,524 25,000 9,544 528 1223 890 10 768,418 9 149 873 26

THE CHURCH OF PENTECOST- UK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - eontlnued FOR THE YEAR EIYDED 31ST DECEMBER 2024 2b. PARENT CHARITY DONATIONS 2024 Total funds 2023 Tolal funds Unre5trieted Restricted runds funds Tithes and offerings Joint services offering Gift aid receivable Blankson Foundation donations Joint Ministries offering BCC offerings P¢nsion offeTing Building Fund offering Van offering 8,482,810 5,896 940,677 418,443 8,901.253 5,896 940,677 15,184 68,618 13,292 7,494,649 52,150 782.088 18.566 98,786 7.969 625 620,962 21,397 15,184 68,618 13,292 751,971 751,971 9 498001 198.890 10,696 891 9.097 192 COMPARATIVE INFORMATION 2023 Total fundg Unrestricted Restricted funds fund5 Tithes and offerings Joint services offering Gift aid receivable Blankson Troundation donations Joint Ministries offering BCC offerings Pension offering Building Fund offerin8 Van offering 7,494,649 52,150 782,088 7,494,649 52,150 782,088 18,566 98,786 7,969 625 620,962 18,566 98,786 7,969 625 620,962 8 427 673 669 519 9,097 192 INVESTMENT INCOME 2024 2023 Unrestrieted Unrestricted funds funds Deposit account interest 13,697 27

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 GROUP INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Activily Church Church BCC EJCC BCC Other income R¢ntal income Other income Rental income Academic income 105,899 16,201 33.370 52.523 184,805 115,672 226,496 24,812 422 577 337,201 4b. PARENT CHARITY INCOME FROM CHARITABLE ACTIVITIES 2024 2023 Other income Rent received Audio visual income 68,597 16,201 107 31,290 52,523 2,080 84,905 85.893 GROUP CHARITABLE ACTIVITIES COSTS Direct Costs (see Note 6) Support & governance Costs (see note 7) 2024 Totals Church Support cost Governance 9,639,171 43,067 289,019 9,682,238 289,019 55,732 9639 171 387 818 10 026 989 COMPARATIVE INFORMATION Direet Costs (see Note 6) Support & governance eosts (see notc 7) 2023 Totals Charitable activities Support cost Governance c05t 7,979,870 7,979,870 277,207 225 077 277,207 225,077 7 979,870 502.284 8482 154 28

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EIYDED 31ST DECEMBER 2024 ANALYSIS OF GROUP DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 2023 Staff costs Operating lease rental Subscription & licences Church plant & evangelism Joint ministries expenses Gifts, welfare & donations Premises expenses Rent - churches & manses Motor, travel, subsistence and accommodation Volunteer expenses Equipment maintenance Insuranc¢ Bank charges 2,462,688 61,224 4,582 76,026 94,150 194,472 1,190,047 2,023,226 659,521 95,214 153.141 48.835 73.675 1,909,558 4,671 6,577 274,079 134,118 191,467 849.362 1,685,920 593,264 45,116 114,854 94,337 30,578 kll Audio visual expenses Souvenirs & calendars expenses Blankson Foundation expenses General charitable expense5 Communicalion cost Freelance consultants Validation & accreditation fee Calering, refreshments and seminars Library expenses Advertising and marketing Student bursaries, accommodation & graduation Bad debts Deprecialion Interest payable and similtar charges 17.729 11.569 30.569 5,679 39,077 25,202 41,954 544,198 11,180 2.535 30,426 4,219 952,183 2,015 11,419 18,855 22,784 28,132 21.284 37,672 313.806 10.536 (420) 46,902 20,987 847,724 9,639,1.7_J. 1,97.9,870. 29

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 SUPPORT COSTS Governance costs Other Tolals Charitable activities Support cost Governanc¢ 1,186 289,Ol9 41,881 43,067 289,019 55.732 55.732 290.205 97,613 387,818 Support costs, included in the above, are as follows: 2024 Total aetivities 2023 Tolal aetivities Support cost Governance Training expenses Trdv¢I and subsislence Printing, postage & telephone Telephone and internet Softwar¢ and website Audit fees 'rru5tees meeting expenses Complianc¢ expenses Legal and professional fees 32,652 32,652 20,730 762 58,456 50,422 148,675 58,456 50,422 148,675 43,100 5,891 604 48,018 54,271 42,373 159,071 43,997 1,779 2,098 177,203 43,100 5,891 604 290,205 97,613 387,818 502,284 30

THE CHURCH OF PENTECOST - UK NOTES TO THE FINANCIAL STATEMENTS - conlinued FOR THE YEAR ENDED 31ST DECEMBER 2024 COMPARATIVE INFORMATION Governance eosts Other Totals Support cost Governance cost 277,207 277,207 225 077 225,077 277,207 225,077 502,284 Support costs, included in the above, are as follows: 2023 Total aetivitles OTHER Support Governanee Training expenses Travel and subsistence Printing. postage & telephone Telephone and internet Software and websile Audit fees Trustees meeting expenses Compliance expenses Legal and professional fees 20,730 762 54,271 42,373 159,071 20,730 762 54,271 42,373 159,071 43,997 1,779 2,098 177,203 43,997 1,779 2,098 177 203 277 207 225 077 502,284 31

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL ST ATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 PARENT CHARITY'S CHARITABLE ACTIVITIES COST Direct Costs (set note 9) Support eosls (see note 10) 2024 Totals Church Support Cost Governance 9,114,511 9,114,511 624,275 91,851 624,275 9 114.511 716,126 9,830,637 COMPARATIVE INFORMATION Direct Costs (see note 9) Support eosls (see note 10) 2023 Totals Church Support Cost Governance 7,487,815 7,487,815 469,968 215 999 469,968 215.999 7487.815 68S 967 173 782 ANALYSIS OF PARENT CHARITY'S DIRECT COSTS OF CHARITABLE ACTIVITIES COSTS 2024 2023 Staff costs Other operating leases Church planting & evangelism Joint ministries expenses 7 refreshments and seminars Caterinb> Gifts, w¢lfar¢ and charilable donations Premises expenses Rent for churches & mansc5 Motor, travel, accommodation & subsistence Volunteer expenses Equipment maintenance Birniingham College donation Congregational insurance Bank charges Audio visual expenses Souvenirs & cal¢ndars expenses Blankson Foundation expense General charitable expenses Depreciation Interest payable and sitnilar charges 2,253,570 61,224 298,545 103,922 311,025 194,472 1,043,019 2,023,226 653,197 95,214 153,141 82,020 29,253 73,269 17,729 11,569 30,569 1,711,404 4,671 275,670 134,118 306,966 191,467 707,214 1,687,410 593,264 45,116 114,854 93,586 78.784 29,494 2,065 11,419 18,855 22,883 794,302 664 273 893.697 785 850 9 114511 7487 815 32

THE CHURCH OF PENTECOST - UK NOTES TO THE FINANCIAL STATEMENTS- ronlinued FOR THE YEAR ENDED 31ST DECEMBER 2024 io. PARENT SUPPORT COSTS Governance costs Other Totals Support Cost Govcmance 624,275 624,275 91,851 91,851 624,275 91.851 716,126 Support costs, included in the above, are as follows.. OTHER 2024 Support Cost 2023 Total aetlvities Training expenses Travel and subsistence expenses Printing, postage & stationery expenses Telephone & inlernet expenses Software and website expenses 367,646 210,709 762 58,283 42,373 157,841 58,456 49,498 148675 624 275 469 968 GOVERNANCE COSTS 2024 2023 Governanee Governancc Audit fees Trustees meeting expen5e5 Compliance expenses Legal and professional fees 38,4(Ki 5,891 604 36,434 1,779 2,098 175,688 215999 OTHER 2024 Total fuDds 2023 Total funds Support costs 689,873 685,967 33

THE CHURCH OF PENTECOST - UK NOTES TO THE FINANCIAL STATEMENTS- conlinued FOR THE YEAR ENDED 31ST DECEMBER 2024 I I. NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated aft¢r charging/(crediting): 2024 2023 Depreciation - owned assets D¢pr¢ciation - a5sels held under HP Operating lease rentsl 910.214 41,969 61,224 819,504 28,220 4,671 12. TRUSTEESI REMUNERATIOTrI AND BENEFITS Eight trustees by virtue of their posilion as Pastors of the Chur¢h received a salary as stated in their conditions of scrvicc approved by the National Council for the year under review. The totsl rcmuneration and benefils were - £407,817 (2023 - £419,068). There was one trustee whose annual remuneration exceeded £60,000 or more during the Current year. TRUSTEES, EXPENSES During the year undcr revicw reimbursements of expenses to trustees were £Nil (2023 - £1,315). 13. STAFF COSTS 2024 2023 Wages and salaries Social security costs Other pension costs 2,192,554 23,974 246,160 1,648,729 30,314 230,515 2 462,688 1909 558 The average monthly number of employees during the year was as follows: 2024 55 2023 48 Pastor5 Finance Administrative Academic 14 14 75 68 34

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 142. TANGIBLE FIXED ASSETS Frechold property IA•ng leasehold COST At I st January 2024 Addilions Disposals 24.273,117 1,058,333 2.401 121) 3,890,110 7,700 At 31 st December 2024 22.930,329 3,897.810 DEPRECIATION At I st January 2024 Charge for year Eliminated on disposal 3.563,694 435,622 292,058) 671,388 83,899 At 31 st December 2024 3,707,258 755,287 NET BOOK VALUE At 31 st December 2024 19,223,071 3,142,523 At 31 st December 2023 20 709,423 3,218 722 Flxtures and ritlings Plgnt and machinery Motor vehicles Tota15 COST At I st January 2024 Additions Disposals 1,732,239 223,263 1,710,727 82,049 845,020 53,440 32.451,213 1,424,785 2 401,121 At 31 st December 2024 1,955 502 1792 776 898,460 31,474 877 DEPRECIATION At 1st January 2024 Charge for year Eliminated on disposal 1,457,203 172,792 926,632 167,442 679,927 92,428 7.298.844 952.183 292 058) At 31 st December 2024 1629,995 1,094 074 772 355 7 958 969 NET BOOK VALUE At 31 st December 2024 325,507 698 702 126 105 23 515 908 At 3 Ist December 2023 275 036 784,095 165,093 25,152,369 The net book value of motor vehicles, included in the abov¢, which are held under hire purchase contracts are - £42,443 (2023 - £84,412). 35

THE CHURCH OF PENTECOST - UK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 14b. PARENT CHARITY T ANGIBLE FIXED ASSETS Freehold property Long Icasehold Plgnt ¥4nd machinery COST At 1st January 2024 Additions Disposals 24,336,140 1,058,333 2401 121) 1,873,217 1,695,187 190,867 At 31 st December 2024 22,993,252 1,873,217 1,886 054 DEPRECIATION At I st January 2024 Charge for year Eliminalion on disposal 3,563,694 435.622 292.057) 551,347 37,464 1,431,612 160,741 At 31 st December 2024 3,707,259 588,811 1592,353 NET BOOK VALUE At 31 st December 2024 J 9,286,093 1,284.406 293,701 At 31 st December 2023 20,772,446 ,321870 263 575 PARENT CHARITY TANGIBLE FIXED ASSETS- Continued Fixtures and ritlings Motor vehicles Totals COST At I st January 2024 Addilion5 Disposals 1,638,957 82,049 845,021 53,440 30.388.522 ,384,689 2 401121) At 31 st December 2024 1721006 898 461 29 372 090 DEPRECIATION At Isl January 2024 Charg¢ for year Eliminated on disposal 926,632 167,442 679,927 92,428 7,153,212 893,697 292 057) At 3 1st Dexember 2024 1094 074 772 355 7 754 852 NET BOOK VALUE At 3 1st December 2024 626 932 126 106 21,617 238 At 3 1st Decemb¢r 2023 712,325 165,094 23,235,310 The net book value of motor vehicles, included in the above. which are held under hire purchase contracts are - £42,443 (2023 - £84,412). 36

THE CHURCH OF PENTECOST-UK NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 15¥4. GROUP DEBTORS: AMOUIYTS FALLING DUE WITHIN ONE YEAR 2024 2023 Gift aid Staff loan Trade debtors Other debtors 1.205,653 25,3(M) 218,180 138,792 800,000 28,2 88,141 140,685 1587 925 1057 026 15b PARENT DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Gift aid Staff loan Debtors & prepayments 1,205,653 25,300 132,551 800,000 28,2(Ki 140,584 16a. GROUP CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see note 18) Hire purchase (see nole 19) Social security and other laxes Other creditors Accruals and deferred income 228,696 13,524 32,391 136,072 72,937 5,187,128 13,524 32,261 270,028 483 620 3 580 299 16b PARENT CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loan5 and overdrafts (see note 18) Hire purchase (see note 19) Trade creditors Social s¢curity and other tsxes Othcr creditors Amount owed to subsidiary (BCC) Accruals 241,802 13,524 108,865 27,977 30,493 68,047 5,187,130 13,523 28.458 32,261 228,697 34,400 L56.5. 5.7 17. GROUP CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN OIYE YEAR 2024 2023 Bank loans Hire purchase 5,671,653 4.328.089 5737971 4,415.922 37

THE CHURCH OF PENTECOST-UK NOTES TO THE CONSOLIDATED FINANCIAL STA TEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 18. LOANS An analysis of the maturity of loans is given below.. 2024 2023 Amounts falling due within one year on demand.. Bank loans 228 696 5 187,128 Amounts falling due between two and five years: Bank loans - 2-5 years 5. 6_7_16.S3 4,3.18.,Q89 Included in bank loan due within one year (note 16b) is the amount due on the Natwest credit card. 19. HIRE PURCHASE AGREEMENTS Payments under hire purchase fall due as follows: 2024 2023 Within one year Within two to five years 21,515 13,524 101357 20. SECURED DEBTS The following secured debts are included within creditors: 2024 2023 Bank loans Hire purchase contracts 5,913,455 9,515,218 101356 5,993,297 9,616,574 38

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 21. ANALYSIS OF GROUP NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds UDrestrieted Restricted fund lund Fixed assets Current ass¢ts Current liabilities Long tenn liabilities 21,657,790 4,920,196 (483,520) 5.737 971) 21,657,790 25,152,369 7,063,351 4,637,259 (483,620) (5,580,299) 5 737,971) 4,415 922) 2,143,155 20,356.395 2,143 155 22,499,550 19,793,407 22. GROUP MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 31.12.24 At 1.1.24 Unrestrieled funds General fund 15,817,948 1,955,657 2,582,790 20,356,395 Rc$tricled funds Restricted Fund 3,975,459 750,486 (2,582,790) 2,143,155 TOTAL FUNDS 19.793,407 2 706,143 22,499,550 Net movement in funds, inGlud¢d in the above are as follows: ltscoming resiiurc Resi>urcei exp¢nded G*lns ind Movement in fund8 Unrestricled funds General fund 9,938,402 (9,511,185) 1,528,440 1,955,657 Rejtricted funds Restricted Fund 1,266,290 (515,804) 750,486 TOTAL FUNDS 1528 440 2 706 143 39

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 22. MOVEMENT IN FUNDS- Continued Comparatives for movement in funds Nct movement in funds Trnnsfers between funds At 31.12.23 At 1.1.23 Unrcjtricted funds General fund 15,708,821 382,425 (273,298) 15,817,948 Restricted funds Restricted Fund 3,050,592 651.569 273,298 3.975,459 TOTAL FUNDS 18,759,413 1,033,994 19,793,407 Comparative net movement in funds, included in the above are as follows: Intomlng r¢Jourtt$ Rejuurt expended G#lni and Movernent lou in fund$ Unrestricted funds General fund 8,791,149 (8,414,204) 5,480 382,425 Restricted funds Restricted fund 719,519 (67,950) 651,569 TOTAL FUIYDS 9510668 8482 154) 1033 994 A current year 12 months and prior year 12 months combined position is as follows: Nel movement in funds Transfers between funds At 31.12.24 At 1.1.23 Unrestricted funds General fund 15,708,821 2,338,082 2,309,492 20,356,395 Restricted funds Restricted Fund 3,050,592 1,402,055 (2,309,492) 2,143,155 TOTAL FUNDS 18 759,413 3,740 137 22,499.550 A current year 12 months and prior year 12 months combined position is as follows: 40

THE CHURCH OF PENTECOST - UK NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR EIYDED 31ST DECEMBER 2024 22. MOVEMENT IN FUNDS - continued A current yeaT 12 rnonth5 and prior year 12 months combined net movcrnent in funds. included in the above are as follows: IDcoThI resource5 Resourees expcnd¢d Galns and Movem¢nl loiaes funds Unrestrieted funds General fund 18,729,551 (17,925,389) 1,533,920 2,388,082 Restricted funds Restricted Fund 1,985,809 (583,754) 1,402,055 TOTAL FUIYDS 20,715,360 18,509,143) 1.533,920 3,740,137 22. GROUP MOVEMEIYT IN RESTRICTED RESERVES Fund As at 1.1.24 Incoming TransferslExp As al 31.12.24 BCC Missions offering BCC offering Retirement Motor van BCC Building Building Fund Blankson Foundation 132,050 67,400 418,443 13,292 (107,420) (377,814) (47,384) 92,030 40,629 1,248 172,738 45,340 172,738 32,777 864,629 2,635,667 (32,777) 864,629 885,009 751,971 (2,502,629) 3 975 458 1266 290 98 593) 23. ANALYSIS OF PARENT CHARITY NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted Restricted funds fund Fixed assets Current assets Current liabilities Long terni liabilities 21,617,238 3,732,585 (529,194) 5 737,971) 21,617,238 23,235,310 4,919,082 4,522,046 (529,194) (5,565,576) 5,737 971) 4,415 921) 1,186,497 19,082 658 1 186,497 20 269,155 17,775,859 41

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR ENDED 31ST DECEMBER 2024 24. MOVEMENT IN FUNDS Net movement in (unds Transfers between funds At 31.12.24 At 1.1.24 Unrestricted funds General fund 14.797,079 1,702,789 2,582,790 19,082,658 Restricted funds Charitable activities 2,978,780 790.507 (2,582,790) 1,186,497 TOTAL FUNDS 17,775.859 2.493.296 20,269,155 The total restricted fund balances includes Building Project fund - £885,009 (2023 £2,668,446), COP Penstons - £172,737 (2023 - £172,737), Blankson Foundation - £76,872 (2023 - £92,257), BCC offering- £11,248 (2023 - £45,340) and the Missions - £40,630 (2023 - £Nil). 24. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Ineomln% rewure Ruour£e5 expended Galnj 8nd Movement In fyndl Unrestrieted fundg General fund 9,596,603 (9,422,254) 1.528,440 1,702,789 Restrieted funds Charitable activiti¢$ 1,198,890 (408,383) 790,507 TOTAL FUNDS 9.830.637) 1528 440 2 493 296 Comparative5 for movement in fund5 Nel movement At in lunds 31.12.23 At 1.1.23 Unrestrieted funds General fund 14,428,220 368,859 14,797,079 Reslrieted funds Charitable activities 2,309,261 669,519 2,978,780 TOTAL FUNDS 16,737,481 1,038 378 17 775,859 42

THE CHURCH OF PF.NTE.C.OqT_ IIK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 24. MOVEMENT IN FUNDS- eonlinued Compardtive net movement in funds, included in the above are as follows: Reiources txpended Galns and Movement 105S¢S in lunds re50urccs Unrestricted funds General fund 8,537,160 (8,173,782) 5,481 368,859 Restricted funds Charitable activities 669,519 669,519 TOTAL FUNDS 9,206,679 8 173 782) 1038,378 A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Transfers between funds At 31.12.24 At 1.1.23 Unrestricted funds General fund 14,428,220 2,071,648 2,582,790 19,082,658 Restrieled funds Charitable activities 2,309,261 1,460,026 (2,582,790) 1,186,497 TOTAL FUNDS 16 737,481 3531674 20 269 155 A current year 12 months and prior year 12 months combined net movement in funds, includcd in the above are as follows: Ineomln% reiouree• Rtsoureej expended Cyilny gnd Movtmtnt 108heJ In funds Unrestricted funds General fund 18,133,763 (17,596,036) 1,533,921 2,071,648 Restricted funds Charitable activities 1,868,409 (408,383) 1,460,026 TOTAL FUNDS 20002 172 18,004,419) 1,533 921 3,531,674 43

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST DECEMBER 2024 26. RELATED PARTY DISCLOSURES The Parent Charity made donations totalling £82,020 (2023 £93,586) to Birniingham Christian College (BCC) during the year to cover salary and other operating expenses. The full amount was eliminated on consolidation. 2. The salary of th¢ Rector of BCC is paid by the Parent Charity and was not recognised in the subsidiary. No remuneration or expenses were paid to the trustees. Mrs Joyce Donkor, wife of thc Chairnian was paid a salary of £24.570 (2023 - £24,570). 4. The Parent Charily obtained a loan from The Charity Bank to finance the BCC capital project. 11)e amount oulstanding at the year-end was £475,396 (2023- £482,855). Intercst paid during the year was £40,320 (2023 £36,161). Monthly repayments are made by the Parent company. "the Parent Charity paid £367,646 (2023 - £210,709) to BCC for training of Ministcrs and Lay leaders, Two loans totalling £15,550 (2023 - £7,000) was made to two employec5 who are also a trustees of the charity. One loan was repaid in full by the end of the reporting period.. 7. Amounts owed by the Parent company to BCC for training fees was £68,047 (2023 - £34,400). The full amount was eliminated on consolidation, During the year under review the charity made payments on th¢ payroll to related parties of the Irustees totalling £44,770 (2023 - £43,770). The breakdown is as follows.. 2024 2023 Mrs C Appiah Mrs J Donkor (BCC) Mrs A Frempong Boadu 8,400 24,570 11,800 8,400 24,570 10,800 44,7.7 43,77Q 27. COMMITMENT UNDER OPERATING LEASE The parent charity. had annual commitments for equipment under non-cancellable leases. Operaling lease payments are as follows.. 2024 2023 Within one year In two to five years 66,385 48,672 92,673 44

THE CHURCH OF PENTECOST - UK DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total runds 2023 Total funds Unrestrieted funds Restrleted funds INCOME AND ENDOWMENTS Donations and legacies Tithes and offerings Joint services offering Gift aid receivable Blankson Foundation donations Joint Ministries offering BCC offerings Pension offering Building Fund offering Van offering Donalions received by BCC 8,488,709 418,443 ,907,152 7,494,647 52,150 782,088 18,566 98,786 7,969 625 620,962 21.397 940,677 940,677 15,184 68,618 13,292 15,184 68,618 13,292 751,971 751,971 71,524 9,544,528 1,223,890 10,768,418 9,149,873 Investment income D¢p051t account intcrest 13,697 13,697 23,594 Charitable Vdctivities Other income Renlal income Academic income 105,899 201,006 105,899 201,006 115672 33,370 279,019 380 177 422 577 337 201 Tolal Incoffling resources 9,938,402 1,266,290 I 1,204,692 9,510,668 EXPENDITURE Charitgble activities Wages Social security Pensions Operating lease rental Subscription & licences Church plant & evangelism Joint ministri¢s ¢xpenses Gifts. welfarc & donations Premises expenses Rent- churches & manses Motor, travcl, subsistence and accommodation Volunteer expenses Equipment maintenance Carried forward 1,787,439 11,254 246,160 61,224 4,582 76,026 94,150 194,472 1.190,047 2,023.226 659,521 95,214 153,141 6,596,456 417,835 2,205,274 11,254 246,160 61,224 4,582 76,026 94.150 194.472 1.190.047 2,023,226 659,521 95,214 153,141 7,007,145 1,648,729 30,314 230,515 4,671 6,577 274,079 134,118 191,467 849,362 1.685.920 593,264 45.116 114,854 5,808,986 417,835

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 Total funds 2023 Totsl funds Unrestricted funds Restricted funds Charitable aetivities Brought forward Insurance Bank charges Audio visual expenses Souvenirs & calendars expenses Blankson Foundation expenses General charitable expenses Communication cost Freelance consultants Validation & accreditation fee Catering, refreshm¢nts and seminars Library expenses Advertising and marketing Student bursaries. a¢¢ommodation & graduation Bad debts Deprecialion Interest payable 6,596,456 48,835 73,675 17,729 11,569 417,835 7,007,145 48,835 73,675 17,729 11,569 30,569 5,679 39,077 25,202 41,954 544,198 11,180 2,535 30,426 4,219 952.183 785 850 5,808,986 94,337 30,578 2,015 11,419 18,855 22,784 28,132 21,284 37.672 313.806 10,536 (420) 46,902 20,987 847,724 664 273 30,569 5,679 39,077 25,202 20,989 544,198 11,180 2,535 30,426 4,219 952.183 785.850 20,965 9,123,367 515,804 9,639,171 7,979,870 Support costs Other Training expenses Travel and subsistence Printing, postagc & telephone Telephone and internet Software and website 32,652 32,652 20,730 762 54,271 42.373 159071 58,456 50,422 148 675 58,456 50,422 148675 290,205 290,205 277,207 Governance eo$ts Audit fees Trustees meeting expenses Compliance expenses Legal and profc55ional fec5 43,100 5,891 604 43,100 5,891 604 43,997 1,779 2,098 177 203 225 077 Total resources ¢xpend¢d 9 511 185 515,804 10 026,989 8482 154 Net income before gain5 Ydnd 105ses 427 217 750 486 1 177.703 1028514 4&

THE CHURCH OF PENTECOST- UK NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR EIYDED 31ST DECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Realised recognised gains and losses Brought forward Realised gain51(losses) on fix¢d asset inv¢stm¢nts 427,217 750.486 1,177,703 1,028,514 1.528,440 1,528.440 5.480 Net income 1,955.657 750.486 2,706,430 1,033,994 41