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￿& Simthd*lUn1￿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.-kn*kl 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 BL*rd 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