horlty regl$troHon number 1140411 (England and Wale%)
Compony reglstrollon number 07274491
THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
LEGAL AND ADMINISTRATIVE INFORMATION
Trvstee5
Reverend Megan Long
Reverpnd Anog.In hAnrfhrJll
Reverend Caroline Cowon
Reverend Margaret 8elk)my
Dawn Middleton
(Appolnled l August 20241
S•cretary
Rev C M E Cowan
Charlfy number {Engltsnd ond Wales)
1140411
Company number
07274491
Reglslered ofllce
3-5 Conwoy Street
London
WIT6BJ
Ind•p•ndent examln•r
Perrys Audit Limiled
4th Floor
399-401 stiand
London
Uniled Klngdom
WC2R OLT

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
CONTENTS
Page
Trustees report
Independenl examlner's report
Statemont ol flnonciol octiviffies
8olon¢e sheel
Notes lo the linanciol slalemenls
7- 16

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Trusloes present thgir onnLinl rAnnrt and linoncial slotemenls lor Ihe yeai ended 31 December 2024.
The linoncial 51otemenls hove been prepared in occordqncè wilh th6 occounling policies 161 oul in nole
I to the linonciol slatgments and comply wlth the cha￿ty,$ governing document, the Componio5 Act
2006 and Accounting ond Reporting by Chorilies.. 51otemenl ol Recommended Procti¢e applicoble lo
chor51ie5 preparing Ihelr accounts in accordance with the Finoncial Reporting Stondord opplicoble in the
UK or)d Republic ol Ireland IFRS 1021 18lleclive l Jonvory 20191.
Oblecllves ond actlvllles
Ml551on slatemonl
To spread in oll directions Ihe Irulh ol SUTvivoI aller death. ol spiril communion. ol healing by the power ol
Holy Spirit ond lo disseminate Ihe leachings received from highly evolved spirit messengers.
Charltoble acllvltles
The owned churches of Ine Greaier Woilcj weifj ilused dvriiig Ihe COVID pandcmie. Tho Affiliotod
Churches were also closed. No training or seryice5 could toke place. In 2022 il wol po55ible to hold
service5 ond carTy on wilh th8 training. Congregqlions were less in numbor bul Ihe support of our workers,
who 1011Sed round lo the needs ol the congregation wos a5 sliong as evei. Mony ol the Affilioted
Chuiches were closed permonenlly dve lo Ihg Circumstances ol the lime.
In 2024 many ol the churches that did not close. remoin open.
Publ1¢ benellt
The trustees confirm that they have reletred to the guidance contained in the Charity Commlssion'5
general guidonce on public benefit when reviewing the Association's aim5 ond objeclives and in
planning lulure activities.
Achlevemenls ond performgnce
Investment pollcy and oblectlves
Meilin A950ClOtes are mondaled by the Trustees lo monoge Ihe investment porllolio and the slruclure ol
Ihe portlolio 15 os recommended by them in order to minim15e risk t(} Ihe volue ol the portfolio.
Rèseryes pollcy
The currenl level ol re5etves ha5 been built vp over Ihe years moinly Iiom legacies received from
benelaclor5 and copilol gain5 Ifom the sole of propertles in Holland Park. Ihe Investmenis helQ are u5etJ
solely lor income generalion ond lor corrying ovl the Mission Slotemenl by the churches ond ol
heodquoilers. The properties in Cholham. Leeds and Middlesbrough are used 05 churcho5. The Greoter
World does not oc¢umulale reserves Ithese hove lollen considerobly in the recent pasl ond indeed hos
now stabili5ed 115 expenditure lo molch more closely 115 ongoing commitments lo support Ihe dbrectly
manoged churches arKI 13 other churches in Greal Brilainl.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Flnanclol revlew
Rèsvlts and revl•w of Nnat)clal p05111on
The investment business ol Th8 Giealer Worw is monaged by Merlin Associales. The morkel volue ol the
beginning ol January 2024 wos £3.351.227 and ot the 31 December 2024 the market value wos £3,369,055
showing u overoll in¢reose ol £17.828. This represents withdrawals ol £190,000, portfolio monogemenl
chaiges £23,327 ond voluolion changes £231.155.
The income ol the charity increased lo £237.732 from £26.020 In 2023. Thls Is due lo Ihls years income
including significont legacy income.
The chorily Continues lo receive income Irom donations ond its cha￿10b18 octivilies.
The legacy income of £218.725 which wos mode ovtsiloble to The Greoler World in 2024 will be used lor
charitable purposes. especlally The Greoler World. There ore no other reslriclions alloched lo the legacy
income.
Expendilure increased from £231,976 in 2023 to £253,450 in 2024.
Structure. governan¢e and managèment
The chorily is controlled by 115 governing document. a deed ol Irusl. ond conslilules a limited compony,
limiled by gucsrontee. os delSned by the Companies Act 2006.
The charity is govemed by a Trust Deed os rev55ed in 1997. wllh further amendments in 2007 and registered
wth the Chotity Cotnmi55ion under chorily number 1140411.
The chorily was incorporated on 4th June 2010.
The Ttustees. who are also the director5 lor the purpose ol company law. and who setved during the year
and up lo Ihe dale ol signaluie ol the linonciol slolemenls were..
Reverend Megan Long
Reverend Angela Marshall
Reverend Caroline Cowan
Reverend Margaret Bellamy
Dawn Middleton
IAppoinled l August 2(Y241
Cfultmenl and a
nl
People are recommended to Ihe Board ol Tiuslees or they mighl volunteer,. lellers are then sent lo them
whiuh r¢quire5 tliem to v4ritre to the Doord describin9 Iheir voriov$ quolificotions knvhich will be of Yalue to
The GTealer World and Iheir dedicolion and loyolly to the work ol the As50cialion. These ore examined by
tho 8oord ond those who ore lovnd to be solislo¢lory ore requested lo allend lor inleNiew. Aller which,
those who ale found occeplable wll be given a leller ol appointment, they sign a conlidenliolily
document ond receive o copy ol the Trust Deed. The term ol appointment 15101 three ygors from lh$ dote
ol the Annuol Meeting when they QTe appointed.
Frien
shi
Due lo a change in the Trust Deed we no longer hove 'members' bul 'lriends' The Greoter Worfd has
opproximotgly 129 friends and 13 Allilialed churches. In addition il hos 3 owned chui¢hes In Leeds.
Chotham ond Middlesbrough.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
The Iruslees report was approved by the Boord ol Trustees.
Reverend Coroline Cowon
Tiuslee
21 Augugfr 2025

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
I roport tD the Trusle@s on my exnminntinn nf th?. financial 5talemenls ol The Greoter World Chrislion
Spirituoligl Associolion Ilhe Chorilyl lor the year endod 31 Decembei 2024.
Respon51blllllès ond ba¥15 01 rèport
As Ihe Tru51ees ol the Charity land also its d￿ectOrS lor Ihe purposes of company lowl, you ore responsible
lor the preporotion ol Ihe financS0l slalemenls in occordonce with the requirernenls ol the Companies
Act 2006. (the 2006 Acti.
Hoving sotislied myself that the financial 5totemenls ol the Chorify ore not required to be oudiled under
Parl 16 01 the 2006 Act ond are eligible lor independent examinalion, I repoil in respect ol my
exominolion ol the Chority's linanciol statements caffled out under section 145 01 the Charitie5 Act 2011
Ilhe 2011 Act). In carrying out my exominulion I have followed all the opplicable Directions given by Ihe
Chority Cornmi5sion under section 145151 Ibl ol the 2011 Acl.
Independènt examlner's slalemenl
I have completed my examinolion. I have identified a maller ol concern in my report because I have
concems thol accounting record5 were not available to supporl the full cost ol freehold property
recorded on the balonee sheet lololling £1.177,128 as ol 31 December 2024. Con5equenlly, I wos unable
lo verily the cost ol Ihfj freehold properties which are molerial to the finonciol slolemenls.
I confirm that no other motl818 hove come to my ollenlion in connection wlh the exominalion giving me
cause lo believe Ihol In ony moleriul respect:
occounling recordg were not kept in respect of the Charity 05 iequired by sectlon 386 01 the
Componies Acl 2006.
the linanciol stalemen15 do not accord with those record5-, or
Ihe linoncial slotemenls do nol Comply with the occounling requirements ol seclion 396 01 Ihe
Companie5 Acl 2(M)6 other than ony requirement thot the finonciol 5tatcmen15 give o Irve and lalr
view. which 15 not o moller con5idtsred os port ol on independent exominalion,. or
the linonciol 51alements hove not been prepared in occordonce with the methods and principles of
the Stolemenl ol Recommended Pro¢lice lor accounting ond repoiling by chorilies applicoble lo
cho￿lieS preporing their linonciol stolemenls in accordance wilh the Financial Reporting Standard
opp1icoble in tha UK and Republic ol Irelund IFR5 1021.
I confirm Ihal there are no other mallerg in connection with the examination lo which allenlion gnould be
drown in this report in order lo enoble u proper undet51andlng ol the ftnonclal slalements to be reached.
5colt Jiggins FCCA
Perrys Avdil Limited
4fh Floor
399-401 strond
London
WC2R OLT
United Kingdom
2 SeplÈmbÈr 2025
Dated: .........,..........

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unles￿1¢{0d
lund$
2024
Unre$lfl¢t•d
fvnds
2023
Notes
In¢ome and endowment$ trom..
Donations and legocies
Charitable aclivilies
Inveslmenls
Olher income
230,035
5.482
1.923
292
15.914
7,015
2.918
173
Tolol InGome
?37.7.39
?A.n20
Expendlluie on..
Roislng funds
Choritoble aclivilios
Olher expenditure
31,503
221,583
364
33,522
198,454
Total expendllure
253.450
231.976
Net goins on inveslmenls
12
231.155
210,047
Net Ineome and movèmenl In funds
215,437
4,091
Reconclllallon ol funds:
Fund balances al l Janvory 2024
4.496.040
4.491.949
Fund balances al 31 D•cember 2024
4.711,477
4.496.040
The statement ol linanciol activities includes all goins and losses recognisect in th6 year. All income ond
expendlture derive from continuing aclivilie5.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Noles
Ilxed a55e15
Tangible assets
Inveslmenls
14
15
1.179.588
3,369,055
1.104.994
3,351.227
4.548.643
4.456,221
Current ossel$
Stocks
Debtors
Cqsh ol bonk and in hand
16
17
9,162
22,183
142,D23
22,160
29,309
173.368
61.640
CredltOTS: amovnts lalllng due wllhln
orse yeai
110.5341
121.8211
et ¢vNenl as$*ls
162,834
39,819
Tolol asse15 les5 cutrenl Ilobllllle$
4,711.477
4.496.040
Th• lunds ol the Charlty
Unreslricled funds
4,711,477
4,496,040
4,711,477
4,496,040
The company is enlilled lo the exemption from the audit requirgm¢nt conloined In sB¢tlon 477 01 the
Companies Acl 2(K)6, lor the year ended 31 Dec8mber 2024.
The dlreclors acknowledge their respon5ibilllles loi complwng vAth the r9qulrement5 01 the Componies Act
2C(J6 with respect to accounting records and the preporolion ol linonc¢al slalemenls.
The members hove not required the company to oblain on audit ol ils finonciol slotemenls lor the year in
question in accordance with seclion 476.
These financial slalemenls hove been prepared In accordance wllh the provSsions appllcoble to
companies subject lo the small componies regime.
The fynonciol 5totements were approved by the Tru51ee5 on 21 August 2025
Reverend Caroline Cowon
Trustee
Company reg15tralion number 07274491 (Englond and Wales)

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounllng pollcle5
Charlly Infoimamon
The Gretsler World Christian Spiriluolist Association is o private company limiled by guoronlee
ncorporoled in England ond Wales. The registered ollice is 3-5 Conway Street. London, WIT 6BJ.
.1 Accounllng convenllon
The linoncial 5talemenls hove been wepare¢J in accor(Jonce wjth the Lhonty's governing
document. the Componles Act 2006. FRS 102'The Finonclol Reportlng Standard opplicoble in the UK
and Republic ol Iielond" and the Chorilies SORP"A¢counting ond Reporting by Charities.. Slolement
ol Recommended Praclice applicable to choritles preparing their accounts in accordance Mith the
Finonciol Reporting Slondord opplicoble in the UK ond Republic ol Ireland IFRS 1021" The Chorfy is o
Public Benefit Enlily as defined by FR5 102.
The Charity hts5 1oken advantage ol the provisitsn5 In tne lor chariiies r￿1 lo prepc7re a
statement of cash fiows.
Th¢ linoncial slalemenls ore prepared in sterling. which is the fvnctionol ¢vrrency of the Charity.
Monetary amounls In th¢se financial statement5 are rounded lo the neorest £1.
The linonclal slalemenls hove been prepared under Ihe hisloricol cost convention, with the
exception ol investments which are included ol moikel volve. The principal accounting policies
odopted are set out below.
1.2 Golng concern
Al the lime ol approv￿￿9 Ihe financial slalemen15, the Trusleeg have o reosonable expeclalion that
the Chority hos adequole resources to continue in operational existence lor the loreseeuble lulure.
Thu5 Ihe Tfuslees continue lo adopt Ihc going concern bosis ol accounting in preparing the
financial 5talement5.
1.3 Charltable Ivnd$
Unreslricled funds are avoiloble lor use al the discretion of the Trustees in Ivrtheronce ol their
charitable objectives.
Restricted fund5 ore 5ublect lo specific condition5 by donors or grantors as to how they moy be
used. The purpose5 and vses ol the reslricled funds or8 sel out in the notes lo the financial
slolemenls.
Endowment funds are Subject lo specillc condllions by donor5 that the copital must be moinlalned
by thè Chority.
.4 Income
Income is recognised when the Charity is16golly 6nliHed lo il aller any performance conditions have
been mol. Ihe amounts can be meosvred relitsbly. ond il is probable that income will be ieceived.
Cash donation5 are recognised on receipt. Other donatlons are recognlsed once the Charity hos
been nolilied ol the donolion, unless perlormoncg conditions require delewal ol the amovnt.
Income tax recoverable in relation to donations received under Glll Ald or deeds ol covenant is
recognised al the time ol the donolion.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
Accovnllng pollcles
(Conllnued)
Legacies are recogni5ed on receipt or olheDNise 11 Ihe Charity has been nolilied ol an impending
dislribulion, the amovnl is known. and receipt is expected.11 the amounl 15 not known. the legacy is
treated (T5 o contlngent 09get.
1.5 Expendllvre
EKy¥li￿lIUie is reio&inised oni¢ Iheie 15 o 1eyal or con5tructiYe obligation to tron5fer economic
benefit lo a third porty, il is proboble that o tronsler ol economic benefits will be required in
selllemenl. ond the omovnt ol the obligolion con be measured reliably.
Expendilure is clossilied by aclivily. The costs ol each activity are mude up ol the lolal ol direct costs
ond shared costs. including Support costs involved in undertoking eoch oclivity. Direct costs
ollribuloble lo a single aclivily ore ollocoled direclly lo Ihol octivity. shored costs which conlribule
to nioro thoii one octivity and support G0515 which ore nol ottribvtoble to a single octivity ore
apportioned between those oclivilies on a basis consislenl with the use ol resouice5. Central 51011
costs ore allocated on the bosi5 01 time spent, ond d8preciolion chaige5 ore ollocoled on the
portion ol the asset's use.
1.6 Tanglble Ilxed ossèl$
Tangible fixed assets ore iniliolly measured al cost and subsequently meo5vred al cost or valvolion,
nel ol depieciotion ond ony impaiment losses.
Depreciation is recognised so as lo write oll Ihg cosl or volvolion ol assets less their residual values
over their useful lives on the lollowlng boses..
Freehold property
Freehold property is recognised under Ihe cost model.
The fesiducsl value ol the property is greater than the
book value recorded on Ihe balance sheet, and
therefore no deprecialion has been charged on
freehold
property.
2Slo on reducing balance
15% on reducing bolance
25% on c051
Plant ond equipment
Fixtures and Illling5
computer5
The gain or1055 arising on Ihe disposal ol on ossel is determined as the difference between the 501e
proceeds and the carrying volue ol the asset. and is recognised in the slalemenl ol linanciol
activilies.
.7 Flxed asset Investments
Fixed as5el investmen15 ole iniliolly measwed al transoclion price excluding Iransoclion costs. and
are subsequenlly me05ured ol loir volue ol eoch reporting dale. Changes in lair value are
recognisod in nel incomellexpendilurel for the year. Transaction costs are expensed a5 incurred.
1.8 Impalrment ol Ilxed tsss•ls
At eoch reporting end dale, the Charity review5 the carrying omounls ol ils longible asgels lo
determine whether there is any indication that those asset5 have sullered on Impoirmenl loss. If ony
such indicotion exists. the recoverable amount ol the asset is eslimaled in old81 to deteimine the
extent ol the impairment loss lif onyl.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounllng pollcles
{Conllnvèd)
.9 Stocks
Stocks ore stated al the lower of ¢0st and estimated selling price les5 Costs to complete and sell.
Cost comprises direct moteriols and, where applicable. direct labour costs ond Ihose overheads
that have been incurred In bringing Ihe stocks to their presenl localion and condition. Item5 held lor
distribution al no or nominol consideralion ore meosured the lower ol replacement cosl and cost.
Nel realisoble value is the eslimoled selling price less oll eslimaled costs ol complellon and coslg to
be incurred in marketing. selling and dislribulS0n.
1.10 Cash and cash equlvalenls
Cash and cash equivalenls include cash in hand, deposits held at coll with bank5, olher short-lerm
liquid inv6slm8nt5 with original malurilie5 01 three months or less. ond bonk overdralls. Bank
overarofis ore snown witnin L)orrowings in current l￿t)ll111eS.
1.1 l Flnonclal Inslruments
The Charity has elected lo apply the provisions ol Section I I 'Basic Financial Inslrumernls, ond
Section 12 '01her Financial Instruments Issues, ol FRS 102 10 Oll ol ils linanclol Inst￿mentS.
Finonelal insliuments ore recogni5ed in the Charity'5 balance Sheet when the Chority be¢ome5 party
to the conlraclual provisions ol the inslrumenl.
Finoncial ossels ond liobililies ore ollsel. wilh the nel omount5 presenled in the finonciol slalemtsnts,
when there is a legally enforceable righl lo set oll the recognised omounls and there is an inlentlon
10 5ellle on a nel basis or to recYli5e the a55et and sellle Ihe liability simultanoously.
Boslc Ilnonciol ossets
Bosic linonciol ossels, which inclvde debtors ond c05h ond bank balances. are inilially Meosured ot
tran90clion price including Ironsoclion costs and are sub59quenlly carried at omorlised cost uglng
the elleclive inleresl method unless the arrongemenl constitvles a financing Iransaclion. where Ihe
transaction is measured al the present value ol the lulure recelpls discounted al a market rale ol
nleresl. Financial assets classified as receivable wlhin one yeor ore nol omortis8d.
Baslc Ilhanclal Ilabllllleth
Basic financial liobililie5, including creditors and bank loons are iniliolly recognised al Iran5aclion
price unle55 Ihe arrongernent con51ilutes a financing tran5aclion. where the debt instrument is
meo5ured ot the present volue ol the lutvre poymenls di5counled al o market rote ol interest.
Finoncial liobllSlle5 cla5551ied a5 payable wilhln one yeor are not amortised.
Debt instruments are subsequently carried ol amorllsed cost. using the elleclive interest rale
nif5thod.
Trade creditor% ore obligations lo poy lor goods or servi¢os thot hove been acquired in the ordinory
course ol operalions from guppliers. Amounls pcjyoble ore clossilied os Qu￿ent liqbililies il poymenl ig
due within one year or le55. 11 nol, they are presented as non-current liobilities. Tiode creditors are
recognised initially at Iransaclion price and svbsequenlly measured al omortised c051 using the
elleclive interest melhod.
Derècognlllon ollinonciul liobllllies
Financial liabilities are derecognised when the Chorify's conlrocluol obligations expire or ore
di5chaiged or cancelled.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢¢ovnllng poll¢les
{Conllnued)
1.12 Employ0• beneNIs
The cost ol any unused holiday enlitlemenl Ig re¢ogni5ed in the perfod in which the employeo's
seryices ore received.
Terminolion benefits are recognised immediately os on expense when th& Chorily ￿ demonslrably
.nmmittpd tn tp.rmlnntp. thp. pmrslnymftnt nf g.mp1nye.p. or to ryovidp terrnlnotlon benefits.
1.13 Rellremenl benellls
Payments lo defined contribution retirement benefil schemes 0￿ charged as an expense as they
foll due.
Incorne Irom donallon5 and legacle5
Unreslilcled
Ivnds
2024
Unr•slrfct•d
Ivnds
2023
Donalions and gifts
Legocies
11.313
218,722
15.914
230,035
15,914
Income from charlluble ocllvllles
lJnrosM¢led
Ivnds
2024
Vnrestrlcted
funds
2023
Olhertradlng aellvlllès
Courses
Sale ol goods
Friendship and Alliliollon Fees
Other income
100
3.235
3.350
330
2,485
2,883
5.482
7,015
10-

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from Inveslmenl$
Unre5trlcted Unresklcted
lund$
funds
2024
2023
Iiilere5t reLelvable
I,V2J
2.918
Olher Income
Unreslrlcl•d Unieslrlcted
fund
2024
2023
Other income
292
173
Expendllur• on rtslslng funds
Unreslrlcled Llnièslrlcled
funds
lund5
2024
2023
Fvndro151ft9 and publlclly
Advert15ing
8,176
8,331
Ir)veslmenl monogem8nt
23,327
25.191
Total costs
31.503
33,522

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expendllvr• on charllable acllvllles
Unre5fr1cled Unrestrlcted
Ivnds
funds
2024
2023
Dlrècl costs
Stall costs
Depre¢iolion and impoirmenl
Printing, po5toge and slalionery
Traveling
Subscriptions
Walei ond roles
Insuronce
Light and heot
Telephone
Equlpmenl renlal
Sundries
Repairs and moinloinence
Bank chorg8S
64.3Y2
073
4,516
6J.2UJ
459
3.050
3,604
124
11,409
4,070
15.983
3,545
1.049
7,967
28.301
16,832
3,071
8.923
1.74U
22.669
169
813
45.375
166
160.302
160.253
Share ol $upport and govemgnce costs (see note 81
Support
61.281
38,201
221.583
198,454
Analysls by fund
Unrestricted funds
221,583
198,454
Support costs tsllocaled lo ac15vllles
Unreslrlcted
lund5
2024
Tolal
2023
Governonce
61.281
38,201
12-

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support ¢¢sts ollocaled lo u¢llvllles
{Conllnved)
2024
2023
Governance costs compil$e'.
Legol and professional
Accountoncy
Independent examinatlon
57.057
2,334
1,890
34,181
2,220
I,wu
61,281
38.201
Tiuslaos
There were no Iruslee5' remunerolion or other bgn81ils lor Ihe year ended 31 December 2024 nor lor
the yeoi ended 31 December 2023.
No Irustee in the year recelved reimbursed cosls12023-. £3,604)
10 Employ••s
The overage monthly number ol employees during the year wos..
2024
Nvmber
2023
Number
Employmenl eosls
2024
2023
Woges and salaries
Other pen%on costs
63,432
960
62,243
960
64,392
63.203
There were no employees whtssg onnuol remuneralion wos more Ihon £60,CX)O.
i i other •xpendSlure
Vnr•strlcled Unre51rf¢ted
Ivnds
Ivnd5
2024
2023
Net lo￿ on disP05010l langiUe fixed assets
364
13-

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Galns ond195$es on Investmenls
Unrɥslrlcled Unreslrlcled
Ivnds
fund$
2024
2023
Golns111055esl arising on..
Revaluolon of Invesiments
Sale ol inveslmenls
137,4931
268,648
180.786
29.261
231.155
210,047
13 Taxtsll•n
The charity is exempl from laxalion on its oclivlties because all ils income is applied lor choritoble
pvrposes.
14 Tanglble Ilxed a$$els
eehold
pvoperly
Plgnt ond Flxhjies ond
eoulpmenl
Compulers
Total
Cosl
Al l Januory 2024
Addition5
Disposols
1.102,932
74,196
1.232
1.436
13211 111,4841
20,377
7.257
1,131,798
75,632
14.0281 115,8331
Al 310ecember 2024
1,177.128
2.347
8,893
3.229 1,191,597
Depreclollon and Impalrmenl
At l Januory 2024
Depreciation charged In Ihe year
Eliminotred in respect of dispo.
1.189
370
18.359
303
7.257
26,805
673
lTra.4091
14,0201
At 31 December 2024
1,240
7,540
3,229
12,009
Cairylng amovnl
At 31 Decembei 2U24
1.177.128
1,107
1.353
1.179.588
At 31 December 2023
1.102.932
44
2,018
,104,994
The trustee5 conslder the residval value ol the freehold property lo be greoler than the book volue
recorded on the bolonce sheet. The Charity hos hod oxlernal third party volvotion5 undertaken by o
firm ol Chortered Surveyors during 2023. The lolol lair volue of the properties valued wos £3.491,fX)Q.

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
IS Flxed assel Inveslm•nts
Usled
Inv•slm&nls
Cosl or valuallon
At l Jonuory 2024
Voluollon changes
Porllolio lees
Disp05a15
3,351,227
231,155
123.3271
1190.(ml
Al 31 December 2024
3,369,055
Curryln9 omovnl
At 31 December 2024
3,369,055
Al 31 December2023
3.351.227
16 Slocks
2024
2023
Finished goods ond goods foi re5ole
9.162
17 Debtors
2024
2023
Amounts lalllng dve wllhln one year..
Trade debtors
Other debtors
Prepoymenls and occrved income
463
5.026
16,671
5,267
16,912
22.183
22.160
IB Credltors.. umounts falllng due wlthln one year
2024
2023
Other laxolion and sociol securily
Trade credltors
Accruals ond delerred income
678
5,632
4.224
659
17,142
4,020
10.534
21,821
15-

THE GREATER WORLD CHRISTIAN SPIRITUALIST ASSOCIATION
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
19 Rèlliemenl b•nelll schemes
2024
2023
Dellned contrlbullon schemes
Charge lo profil or1055 in respecl of defined conlributitsn scheme5
960
960
The Chahty operates o detined contribulion penglon scheme for all qualilylng employee5. The 055et5
ol the scheme ore held seporolely from those ol the Chorily in an independenlw odminislered Ivnd.
20 Unreslrfcled lund5
The unreslricled funds ol Ihe chorily ¢ompriso tho unoxpended balances ol donolion5 and gran15
which are not 4ubjecF Io specillc conditions by d¢Jnors OT)d grantors as lo how they may be ugad.
These include designated funds which have been sel aside out ol unre51ricled funds by the Iruslees
lor specific purposes.
Al l Jonuory
2024
In¢omlng
resources
R•soui¢es
èxpèndèd
Golns ond
losses
At31
December
2024
Generol funds
4,496.040
237,732
1253,4501
231.155
4.711.477
Prevlou5 year..
Al l January
2023
Incomlng
resources
Resources
expended
Gqln5 and
losses
A131
December
2023
General fund5
4,491,949
26.020
1231.9761
210.047
4.496.040
21 Copllal commllmonts
2024
2023
Amounts controcled for but nol provided in Ihe linonciol slotemonls:
2024
2023
Acqulsltlan ol piopeity. Jon1 equlptrieiil
150,297
22 Related party Iransacllons
There were no disclos0￿e reloled party Iron5aclions during the year12023- nonel.