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2024-12-31-accounts

EAGLE POWER MINISTRIES INTERNATIONAL.

TRUSTEES’ REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Charity number: 1137308

Eagle Power Ministries International : Trustees’ Report and Financial Statements 2023

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31ST DECEMBER 2024

Eagle Power Ministries International is governed and administered by an executive board comprising of the Board of Trustee and the Church Management Council. The Board of trustee provides strategic leadership and directions for Eagle Power ministries International and the Church Management Council is largely responsible for the day-to-day administration and running of the church. There are currently three serving members in the board of Trustees and five serving members in the church council and they are:

Board of Trustees

Chairman/ Senior Trustee - Rev.Dr. Henry Biney Operational Minister – Pastor Stanley Antwi. Finance Team/Treasurer Ms.Janet Akua Agyeiwaa. Church Administrator-Minister Pallicious Nkrumah Church Resources and Development- MIT Keziah Biney

Church Management Council.

Yaw owusu seyere MIT Anita Antwi Minister Andree Barrows. Mr.Peter Kwarteng. Rev.Mrs. Portia Biney Minister P. K Nkrumah Minister Emmanuel Prepah Minister Samuel Appiah Deaconess Lucy Agyemang MIT Phyllis Odoom Mrs. Felicia Anderson Deacon K. Eduosei

Charity registered number

1137308

Registered Office 14 Chandler Court, 340 Bensham lane Thornton Heath London CR7 7EQ.

Trading address: 37A High street, Carshalton. London. SM5 3BB.

Website: www.newwaveschapel.com

Email: eaglepowernb@yahoo.co.uk

Independent examiner

Rich Brother Accountants Ltd, 28 Camberwell Road, London SE5 0EN

Bankers

Natwest

209 Lower Addiscombe Road, Croydon. CR0 6R

Solicitors

ChipatisoAssociates, Suite 1, Office 1-2 Chapel Road Ilford Essex IG1 2AG

1 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

TRUSTEES’ REPORT

FOR THE YEAR ENDED 31ST DECEMBER 2024

The aims and purpose of Eagle Power Ministries International is to promote the Christian religion through activities and events recommended and approved by the leadership of the charity has found and approved the following as our main aims and purpose:

OBJECTIVES AND ACTIVITIES

Objectives and activities

Eagle Power Ministries Internationalis committed to enabling and empowering people in the community to serve their purpose through:

2 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

In planning our activities for the year, Eagle Power Ministries International has considered the Commissioner guidance on public benefit, and particularly the specific guidance on charities for the advancement of religion. For wider public benefit purposes, the Charity over the year has actively engaged in both congregational and community wide activities that are geared towards promoting social inclusion and empowering people to live a sustainable Christian life. Amongst them are.

3 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

In carrying out our activities both within and outside our worship centre, we always ensure that we do not compromise the core principles of our statement of faith as set out in our governing constitution.

REVIEW OF ACTIVITIES AND PERFORMANCES 2024.

Department Department Activities Impact
Community
Outreach &
Missions
(Evangelism
and
Counselling
Services.
In 2024, We did some extremely useful
Charity activities in the community with the
aim of supporting people with food items
and other educational support to meet the
need to people in the community with
severe financial and family issues.
There were free services by the charity to
our communities and London as a whole. we
have been able to reach out extensively to
our community through our free counselling
services on marriage, drug addiction, and
other common struggles in our communities
as we started this programme some years
back and still on going. We have imparted
lives, and many families are transformed
with testimonies of restored lives and
homes.
We continued with advancing the Christian
Faith through sharing the love of God in our
communities by kingdom materials and
books written by members of our charity.
The members of our community prayed for
issues in London and uk. church community
is growing, and many people receive words
of wisdom and encouragement by the
leadership who are trained to support in
challenging times. This makes them to have
ownership of issues of their life.
1. Donation of items to families in
the community, support to feed
the hungry, vulnerable and
homeless in the community
with support.
2. Increased number of people
reaching out to our free
counselling services and support
services through prayers and
visitation (Zoom, social media,
and face to face).
3. Increased number of people
connecting and taking part in
our collective worship services
from the comfort of their home
because of our live streaming
on Facebook and other social
media outlets.
4. Increased awareness of the
existence and activities of the
charity in the local community.
Change
Generation
(Youth
Department)
The Youth and Young Adult ministry is
growing, and many are getting solution to
the growing challenges in the uk that they
face bythe constant and teachingfrom top
1. Excellent GCSE and A Level
result are improving yearly.
Most of our youth aspiring to
pursue university
consultants and specialists from different
field of services and professions. Our weekly
programme is focus on the total
development of the youth in the church;
helping, mentoring, and supporting young
people and their families/parents are now
done online. We have a major service for
youth and young adult twice in a month for
the year.
Our annual year’s youth Day- Bringing all our
Youth and Young adults together to socialise
and fellowship enhancing their skills and
talents; giving our society hope and peace
for the future. The skills learnt in these
services are making them more confidence
and ready to serve the church and the
community.
Free home support -Other activities include
free counselling and educational activities
and support by our Senior Pastor, Rev. Dr.
Henry Biney, who is teacher and educational
consultant play a vital role in meeting the
educational needs of the community and
outside the organisation.
routes/courses.eg. Law and
medicine etc. Many of our
youth members got admission
into top universities in the UK.
2. More confident youth and
young adults. Eg Sharing their
skills and abilities with their
friends outside the church.
Most of them become very
productive in supporting the
good reports from Teachers and
Parents.
3. Our youth discovering their
potentials thereby fulfilling their
destinies and dreams
4. Developing Cooking skills,
relationship and friendship
improved. Many have built up
the potentials for excellent job
interviews skills and work place
approach.
5. Increased numbers in our youth
department.
Young Adults
Department.
This is a department that is add more value in
terms support and day to day in our community.
The vision is to empower our young adults in
finding their identity, talents and getting them
prepared and ready for the real world of work,
marriage, business, finance, among others.
This is a new department created but the
impact is already attainable:
1. Monthly programme and targets
setting workshop set up for the
young adults in the church and
reached out/extended to our
community.
2. Imparting their peers in positive
attitude in their social and spiritual
growth.
3. Contributing and Participation in
community life.
4. Supporting and serving the elderly in
the church.
Transportation
Development.
People are enjoying our church transport system
from members who continues picking up and
dropping members to and from church, and other
activities involving travelling. The transport plans
and support the activities of bringing people in out
during services.
1. Increased attendance to meetings
due to free transportation to and
from church.
2. Support for the Elderly in our
community. extending them to their
doors or car park.

5 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

Spiritual Growth
& Development
The community of New Waves Chapel meet on
Wednesday (Global Prophetic service), Friday, and
Sunday of every week with the purpose of
community
prayers,
interdenominational
and
collective worship services. One to one counselling
is day to day, prayer for the needy and the people
challenging situation are always given the right
direction with our top developed leadership by the
guidance of the Holy spirit and the senior
leadership. Many of the Women and the Men’s
Ministries are growing in the walk with God and
their life. We can say the ministry in moving forward
in its vision and Mission as a community.
Eagle Power Ministries International (New Waves
chapel) Music department is growing as they
minister with anointing and joy to our services.
There are new talents and gifting manifesting in the
life of youth and young adult which is a great
1
Members mature in the
knowledge of God
2
Developed their prayer life
3
Enhanced how members live as
responsible citizens of the country
and their communities.
4
Members are happy with the
opportunities the church is giving
to them as a community.
5
Various departments are led by
experienced professional with
years of experience and ministry
training.
6
Day to day support for all
membership.
7
New Membership training equips
them face reality.
8
Children Ministry is growing, and
parents have time to focus to
worship. They are receiving more
series of teachings on bible
standards.
9
Testimonies are shared in our
services to encourage and
challenge others to make
decisions to the next level.
10 Membership is becoming more
stronger, and intercommunication
skill is becoming lovely and
enjoying.
11 Marriages and parenting in the
community is becoming more
coordinated and moving in a
peaceful pace.
12 People can free share their
resources to support the growth
and the development of the
community.
Ministry of
Ministers(
Leadership
Team).
Some of our ministers are working in all diverse
areas of our community. They are the head of
various departments of the church. Training and
development of the leadership takes place once in
a month. Books and resources are available to all
leadership. They serve weekly with love and respect
to the church and serve various sectors of our local
community. Some of the team members are trained
to look for the needs in our local community and
how to solve it. E.g., food banks, homelessness,
Migration issues, Drug Abuse etc
1. More trained leaders for counselling
and community support
2. More leaders officiating and leading
collective worship activities,
therefore offering capacity to reach
out to more people within the time
distributed for our services
3. Giving their experienced services to
the church and the large community.
4. Qualified to lead Christian
programme and other community
service like praying for the sick and
support to challengingissues like

6 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

Abuse and street marriage issues in
the community.
Men of Faith
(Men’s
Fellowship.)
Men’s Fellowship continues to grow from strength
to strength. The ministry empowers men to grow in
their spiritual life, business life, social and marriage
life.
We continue to offer free counselling for men
struggling with drug addictions, monetary
management, marital challenge, Mental Health,
unemployment, low self-esteem, among others.
There now church App that the men can share
their views and challenges. We use this also to
celebrate birthday and marriage ceremonies. They
are serving in various departments and supporting
the vision of the ministry. These department.
1. Equipping and Empowering men on
how to live spirit filled and fulfilled
lives,
2. Being family minded and
3. Serving God and their communities
with their lifestyles.
4. Increased confidence levels in men
and
getting
involved
in
more
activities in the church and their
communities than they used to do
before.
5. Develop
business
skills
and
encourage to
set
up personal
business.
6. Men are sharing their strength and
opportunities to build each other.
7. Organise and encourage one another
in the community.
8. Strong leadership abilities developing
yearly.
Daughters of Zion
(Women’s
Ministry).
This ministry from all levels of society, and was
specifically designed to get women interacting,
networking and discussed issues facing women in
our world today. The Women is imparting and
affecting life locally, nationally, and globally. The
plans and their systematic programme are setting
most women free and transforming them to
become better person. These have resulted in
various of healings, marriage improvement and
restoration, confidence is restored to try new
things in their lives. Women are making and taking
news level which adding value to their life and
family. They have moved in different trainings
throughout the year.
There are areas of growth in the women’s ministry
that have contributed to the church and the
ministry as whole. Time will not allow the
leadership to show the positive contribution they
have made this year.
We also continue to offer free counselling for
women struggling with everyday stress of life and
how to find their identity and place in life amidst all
the challenges that life throws at us
1. Our women have also grown in
confidence and marriages are being
restored
2. Decrease in stress levels
3. Networking links formed with other
women and organisations
4. Positive contributions towards
family life and life in general
5. Supporting each other and
participation of programme is
excellent.
6. Training and development is
ongoing.
7. Effective and enhance weekly
activities.
8. Prayer and healings programme.
9. Women Empowered to make
decisions and take control of their
own destiny through systematic
teaching of the Christian Faith.
10. People freely show their ability to
help the helpless in our community
which is good sign Economic
freedom.

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

7

Rising Stars
(Children
Department)
This department is fully functional and well-
resourced children’s department with several
qualified teachers who are CRB checked.
Free Tuition organised by the qualified teachers in
the church for our primary school pupils
Annual Children’s Day programme in church
Summer play scheme.
Our Sunday school teachers had the opportunity to
attend trainings programmes as part of their
continued professional development on how to
build a dynamic teaching ministry for maximum
impact.
1. Training our children in the way of
the Lord
2. Developing confident and
responsible children
3. Support with homework
4. Summer time used productively
5. Enhanced training for Sunday school
teachers as a result of attending the
conferences
6. Feedback from Parents are always
very positive.
7. Children are growing weekly in the
doctrines of the Bible.
8. Looking into developing our
resources.
Financial Services
(Finance
Department)
Future Projects
for Funding.
This department creates an incredibly positive
effect on the finances of the church and the
offerings raised. The dedicated team are working
daily for effective running of the department. We
need these resources to enable and enhance our
counselling programmes for members needing
them. We are looking and working from all areas to
such funds to bring the vision into reality. It is
ongoing vision.
1.Looking for funding for Education for Primary and
secondary school Poor children support. £200,000.
00
-For paying teachers and facilities for improving
their abilities.
2.Feeding Programme for the Poorest in our
communities. £150,000. 00
- Helping food banks in various communities in the
UK.
3. Women Empowerment and children support.
£250,000.00
- Making Women receive training and skills to
develop their abilities. Children with challenging
needs.
4. Big Building for community Development for
Training & Development. £2,000.000.00
- Centre for Training to boast abilities and skills in
all spheres of careers training and development.
etc.
Building strong empowerment to build future
leaders.
5.Developing Skills and Support Young Adults and
Youth. £ 1,000.000.00
1. Free counselling programmes
2. Financial management/freedom
form debt training for all members
3. Top Finance consultant and senior
accountant works with for quarterly
and annual report to the Trustee and
the charity commission.
4. Planned Programmed for support for
the needy in the church.
5. Building a strong financial support
for future of the ministry.

8 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

9

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

We have continued as before to provide people in the community at large the opportunity to become members of our church to serve in a ministry dedicated to life changing teachings and support, worship, prayers and global evangelism and community missionary work. The achievements and performances are further elaborated below:

Worship and Prayer

We hold regular prayer and Bible studies Prayers, Prophetic services respectively on Wednesdays Fridays and Sundays. The combinations of these meetings have helped members to grow tremendously in their faith and in turn has helped improved their commitment to provide a godly service to the wider community at large.

Community wide evangelistic and missionary work

We have continued with advancing the Christian religion through radio and webTV broadcast and through distribution of our church flyers to the local community to encourage people attends our service and become members of our church.

We are currently rolling out a community wide fresh start project aimed at:

Advancement of the Christian religion

Eagle Power Ministries International in the course of the year dedicated itself to the advancement of the Christian religion through face-to-face congregational teachings, community evangelistic and missionary work, publication of teaching materials for public use and in particular by spreading the gospel through media and multimedia channels such as Web TV, radio and the world wide web. The overall goal of charity is to take the church beyond the four corner walls and actively spread the gospel of Jesus Christ across the globe through face-to-face practical teachings, effective media ministry and by engaging in various charitable objects that are beneficial to humankind.

10 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

Provision of pastoral care

The Charity puts the welfare of its congregation and the community it serves at the heart of its yearly aims. During the course of the year, the Eagle Power Ministries International collaboration with the founder and resident pastor organised visits to members houses who were unable to attend service due to one reason or the other, organised group intercessory prayers for the community and nations and through the Communitywide project provided advice, assistance and wider support to the public at large on matters relating to homelessness, unemployment and other societal maladies.

Empowering people through join working relationship with other churches

Through active evangelism and effective networking approach, Eagle Power Ministries International has over the years managed to form and supported a meaningful joint working relationship with other ministries that has similar objectives for the purpose of empowering people in the community at large.

In collaboration with New Waves Chapel as a Body of Christ organisation facilitated by Eagle Power Ministries International. The Charity as a ministry continues to affect and change life through various the primary goal of is for the Body of Christ to work in unity to transform lives globally through practical expressions of God’s love by works of charity that are beneficial to humankind.

11 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

The trustees present their annual report together with the unaudited financial statements of the charity for the year ended 31[st] December 2024. The Trustees confirm that the Annual Report and financial statements of the charity follow the current statutory requirements, the requirements of the Charity’s governing document and the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” issued in March 2005.

REVIEW OF FINANCIAL POSITION

The financial statements covered the operation of Eagle Power Ministries International, and they have been prepared under the requirements of the 2005 Statement of Recommended Practice (SORP)

For the year ended 31[st] December 2024, the financial activities show total incoming resources of 2024-152,843 92023- £126189), which is the total tithes and offering donations and gift aid. This was expended main on charitable activities and total expenditure amounted to 157,975 (2023 130,342£123,060 £136,143). We closed the year with a net operating loss of £5,132. The loss is due primary to the expenses related to our new location and community commitment.

STATEMENT OF TRUSTEE’S RESPONSIBILITIES

The trustees are responsible for preparing the Trustee’s report and the financial statement s in accordance with applicable law.

Charity law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing these financial statements, the Trustees are required to:

12 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

THE TRUSTEES’ REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2024

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity, hence taking reasonable steps for the prevention and detection of fraud and other irregularities

This report was approved by the Trustees on 20[th] October 2024 and signed on their behalf, by:

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a
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……………………………………….. …………………………………………..

Dr. Rev. Henry Neil Biney Ms. Janet Akua Agyeiwaa Chairman/Head of Trustees. Head of Finance Team/ Treasurer

13 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

INDEPENDENT EXAMINER’S REPORT OF THE MEMBERS OF EAGLE POWER MINISTRIES INTERNATIONAL

We report on the financial statements for the year ended 31[st] . December 2024 which are set out in pages 8 to 10. This report is made solely to the Charity’s Trustees, as a body.

Respective responsibilities of trustees and examiner

As explained more fully in the Trustees’ responsibilities statement, the Trustees are responsible for the preparation of the financial statements.

The charity’s trustee consider that an audit is not required for the financial statements (under section43 (2) of the Charity Commission (under section 43(7) (b) of the Act), and to state whether particular matters have come to our attention.

Basis of Independent examiner’s report

Our examination was carried out in accordance with Charity SORP. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In the course of our examination, no matter has come to our attention: which indicates that:

Julius Olaogun

For and on behalf of

RICHBROTHER ACCOUNTANTS LTD CHARTERED ACCOUNTANTS AND TAX CONSULTANTS 28 Camberwell Road LONDON, SE5 0

14 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31[st] DECEMBER 2024

Note
INCOMING RESOURCES
Incoming resources
Voluntary income
2
Gift aids
3
TV ministry
Post Code Society
Furlough salary grant
4
TOTAL INCOMING RESOURCES
OUTGOING RESOURCES
Cost of generating funds
5
Charitable activities
6
Government costs
7
TOTAL RESOURCES EXPENDED
NET INCOMING/OUTGOING
RESOURCES B/F TRANSFER
Balances brought forward at 1 Jan
Net incoming/(outgoing) resources
for the year
General
Restricted
Funds
restricted
Funds
£
£
-
132,232
-
15,751
-
4,860
-
-
-
152,843
-
101,890
39,261
16,824
157,975
-5132
-
55,986
-
Total Fund
2024
£
132,232
15,751
4,860
-
-
Total
funds
2023
£
108,455
17,214
520
-
-
152,843 126,189
101,890
39,261
16,824
73,656
42,479
14,298
157,975 130,342
-5132
50,854
50,854
-1903
57,889
50,854 55,986

15 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

BALANCE SHEET AS AT 31[st] DECEMBER 2024

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2024 2023
FIXED ASSETS Note £ £
Tangible assets:
Total fixed assets:
9 72,225 72,225
CURRENT ASSETS
Cash at bank and in hand:
10 2,395 1,190
CREDITORS
Amounts falling due within one year:
5,312 6,668
Net current assets (liabilities):
Total assets less current liabilities
73,276 6,747
77,537 66,668
CREDITORS
Amounts falling more than one year:
26,683 10,682
Total net Assets (liabilities)
FUNDS
UNRETRICTED FUNDS: 50,854 55,986
General funds
RESTRICTED FUNDS: 50,854 55,986
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Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

16

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

Basis of preparation of account

The financial statements have been prepared under the historical cost convention and in

accordance with applicable United Kingdom Accounting Standard, the Statement of

Recommended Practice " Accounting and Reporting by charities" issued in March 2005

(SORP 2005) and the Company Act 2006

Cash flow statement

The trustees have taken advantage of the exemption in Financial Reporting Standard No 1

(revised) from including a cash flow statement in the financial statements on the ground that

the charity is small.

Fixed assets

All fixed assets are recorded at cost

Depreciation

Depreciation is calculated as a write off of the cost of an asset, less its estimated

residual value over the useful economic life of that asset as follows: for the current period no depreciation is charge.

Taxation

The charity is exempt from Income on its charitable activities but is not exempt from Value Added Tax. Irrecoverable VAT is included in the cost of those items to which it relates.

17 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

2.VOLUNTARY INCOME
Tithes and offering
Radio /TV
Radio /TV
Total

Restricted Income


3.Gift aid
4.Furlough salary grant

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

18

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

5. COSTS OF CHARITABLE ACTIVITIES BY FUNDS TYPE

New waves radio services
Church building, Hall hire and council exp
Special Supports to the Needy in and outside the
ministry
Honorariums
Community involvement feeding project
church memberships fees
Welfare and hospitality to members
Direct Community involvement
General
Restricted
Total
Fund
Funds
2024
£
£
£
-
86,691
-
86,691
1,231
1,231
1564
-
1564
6573
6573
509
509
2,922
2,922
2,400
2,400
101,890
101,890

6.COSTS OF GENERATING VOLUNTARY INCOME

Media, Advertising & related
activities to generate funds
Telephone lines.
Council tax(Business Rate)
Insurance
Vehicle &Travelling expenses
Printing and stationery
Power
Programmes and conferences
Stationery
Donation
Bank charge
Water Charge
General
Restricted
Total
Funds
Funds
2024
£
£
£
436.00
-
436
4,485.00
-
4,485
691
-
691
5,491
-
5,491
653
-
653
735
-
735
5,224
5,224
15,929
15,929
533
533
1,731
1,731
2177
-
2177
1,176.42
-
1,176
39,261
39,261

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

19

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

7.GOVERNANCE
COST
Administrative
Accountancy fees
Legal and professional cost
General
Restricted Total
Cost
Cost
2024
£
£
£
14,324
-
14,324
2,500
-
2,500
-
-
16,824
16,824

20 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

8.STAFF COSTS AND EMOLUMENTS

Total Staff costs were as follows:

Wages and salaries &

2024 £ 0

Particular of employees:

The average number of employees during the year is none

9. Depreciation

No depreciation is charge for the current period

21 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2024

10 Cash 2024 Main Account 2,395 Saving 0 Total 2,395

11 General Funds
At
Retained incoming/outgoing) resources
Transfer
12. Restricted Funds


At
Retained incoming/outgoing) resources

Transfer
2024
£
-5,132
55,986
-
50,854
2024
£
Nil
-

Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024

22

23 Eagle Power Ministries International: Trustees’ Report and Financial Statements 2024