SOUTH AFRICAN CONGREGATION
Report and Financial Statements
31 December 2024
Company number.. 08413216
Charity registration nurnber: 115 l 071
{Rcgistcrcd in In&)land and Wales)

SOUTH AFRICAN CONGREGA TION
CONTENTS
Page
Admlnlstratli'e detalls
Admini%lrutive dclails
Reports
Tni%l¢L (lir¢c¢or%' rerrt>n
Independent Audil()rs' report
10-1.1
Financial statements
SiaiLniLnl ot'coiiiprLhcn51I.'L incom¢
Statenicnt of financi121 posilion
Statemcnt of cash flow
Principal accounling polici¢5 and Nol¢s lo th¢ a¢¢ounls
14
16
17-26

SOUTH AFRICAN CONGREGA TION
CORPORATE INFORMATION
CharltTr' name
Souih Alricaii L'ongr¢8lllion
Registrations
Coiiipillly nuiiiber.. 08413?16
R¢gisl¢r¢d w iih L'liarily Conijnission for England and Wal¢s - Charity r¢gislralion numb¢r: 11 $1071
Directors
'illeni Beumer
Eiieiinc (iOiIWS
Frans Haniinaii
Jolian Nell
Charl Sicyn
Jacobu5 Thcron
Mornc van dcn Hcrg
Jacobu4 1.()uis van Plct5en
'vnand Vilj()L'n
mariu.s vL.rn1￿k
Rcsi
Company secretarv
Riiin % %IL"yn
Registeri.d address
ApplL&I(lrth
34 PinciN'c)¢)d Ci4irdL'ns
Siiuihbi)rL)ug,h
Tunbrid&iL WLII
KLnt
TN4 ONN
Bankers
HSLIC, ljank l>lc
65 Packli()I'%L Rodd
Gerrard% C'ro%
BuLkitighi1111Shire
SL9 8PII
Audltors
Di1￿.1d I I0￿,￿1rd Chiinered Accountanls
I Park Road
H4iinpion Wick
Kingston upon Tl)ames
Siirrcy
KTI 4AS
Website

SOUTH AFRICAN CONGREGA TION
TRUSTEE DIRECTORS, REPORT
The Trustee Directors present their report on the Company for the year ended 31 December
20?4 which ]% al%0 prc'parcd lo MLLI Ihc rcquirLmLnlts of a DirLciors' rcpon and iqcLounls for
Coinpanie8 Act purFx)ses.
Thc financial slatcinLnts comply with Ilic CharitlLS Act 201 l. thc Coii)panics Act ?(K)fi. thL
ML'morandum and ArtlLIL'% of AssoLlati(In, and ALcoiinlingv and IIL'porling by L'harilies:
SiaiLmLnl of RLcoininLndLd Praclicc applicablc io cliarillLS prcparing Ihiir accounls in
accordance with the F'inancial Reporting Standard applicable in ihe UK and Repiiblic ot" Ireland
(FRS 1021 l¢ffcLlivc l January 2019).
Objeclii'es and #cli&ilics
Thi L'oiiipi111y wa.s incL)rporated on 21 Fcbruary 2013 for the public benefit. writh thc objcctii'e
Io cidi'c'lllLL' IhL' C'hri%liiin f4iiih in IhL' UnilL'cI Kin¥dom and IhL' worldi (IS IhL' TruslL'L'S may LIL'LidL'.
and io lultil such nthcr pur￿8¢$ whicli arc cxclwsl￿.eIY charilablc accnrdii)g io thc law ot.
England and Wales and relate to the chaTil<lble work of ihe C'ompany.
On l 51 of ALlglU.%t ?0 I l ihc ¢liarit<1blL trust Soiith AfriC￿1n Congirc%giJtion. LrLatLd on 24 Scptcmber
1994. IranbfLrrLd all ilb &5SL15. liabililiLS. fLbLrvcs and dLliN'iliLS to ihL Coiiipany.
The Coinp4iny is LSliibli5hLd io advance the Christian reli¥ion in the Unilcd Kin¥dum and
clscw'hcrc in accordanc¢ with ils fundamcnlal belicfs that ar¢ csscntially b&sed on the Reforni¢d
Confetssivn.
The South At'rican L'on¥regcltion is commitled to:
n41bling as Inany pLoplc as pos%iblc lo worship al our church SCf*'iCC and to bccomc
part ot'the activities ot'the Church:
-4UPPOrt a numbcr of missions and rclatcd charities insidc and out.4idc ol"EiigFland. with
IhL' iiiain gi0<ils uf %prL'41din¥ ihe gospel to all groups dnd nalionb and lo support
ind1￿.1dua1S and gyrnups in nccd:
'ork w'itli ihc local coiiimunities and action groups in thc arcaQregions where thc
C'oiiipilliy h¢14 ihurch ser￿.1￿¢￿,
Thc congrcgation consists of confessing mcmbcrs and their childrL'n, living within thc United
Kingv(loin.
Whcn pl¢111ning thc ¢icliN'itics for ihc ycar. thc South African Coiigrcgalion considcrcd ihc
Coinmi%%iun % byuiddnLL' on publiL bL'nLfit, and partlLularly IhL' SPLLI fiL bwuidaiiLL' on Lh4iriliL% for
thc adi'aii¢ciiici)i of. rclibjion. Wc endcaN'our io cnablc ordinary pcoplc to livc nut ihcir taitli as
Pdrt ofihe community Ihruu¥h:
worship and prayer;
Icarningi aboui the Gosp¢l:
deN'Llopin¥ IhLir knuwlLd¥L
41nd trust in Jesus;
proN'ision Of pastoral LarL" for rnLmbcrts and oihcrs in nccd; and
Missionary and outreach work,
Achievements and performance
Coniribulions from membcts for the financial ycar lo 31 Dcccmbcr 2024 cxcccdcd ihc budbicl.
Looking ton¥ard. it 1% expectcd that Ihc financial hard%hip ihat arc followiii&? Ihc incrcasc in
infl4ilivn and hig,IILr lilX411ion. may hiiVL an adi'ersL' impaLI on IhL Loniribulions. ThL need for
support ol- niciiibcrs aiid the w'ider conimunity is expcctcd (o increase.
The Company continued with ihe services of ihrec full lime ministcrs during the financial year.
Dr Rian Steyn was responsible for the London and Maidstone wards, Dr Sebastiaan van Dyk

SOUTH AFRICAN CONGREGA TION
",as rcsponsiblc for the Soutli ward and Rev Andre Harm7en re%wJnsiblL for the North and
Midl(Ind5 ward5. The Coinpany <1150 employed a minister on a part time b<lSiS to ilSSlSt with
¢hurLh sLTr'iLLS and oihLr iasks in Edinburgh.
All aLtivi¢ics at ihL South African Congrcgation arc by thc mcmlx'rs and for thc membcrs.
-,hether it be church seThiices. training. canips. .4mall group meelings or any of the outreach
aLlii'ities, All th¢sL dll1￿.111ls are p¢rfornied by th¢ membLrs un a N'olunlary bd5iS and only
specific dppoiniLd einployee5 are reiy)uneraied. The Coinpany solely rLIiLs on thL financial
conlribiilion t'rom its mL'iiibL'pi for ils funding. ThL' gL'llL'rdl publiL and institutions h￿￿'C nL'I'Lr
been approacl)ed lor financial assislance or grants.
As parl of IhL comp.qny s aclivili¢s il makcs Conlribulions in limL, Lffort and fin&lncial sUPPOrt
to ather orgJaiii%ation% with siiiiilar objectii'es. The C". ompany. tliroiig7h the dillircni i%'ards and
Ihroiigh its IIILmbLrs. IS Iilso aLIiN'L'ly ini'olvL'd in a numbL'r of <iLlii'iliL'S in IhL' IoLal LommuniliL's.
The%e aclivities are be driven by the Company. or il in ass()cialion witli other cliarities. projects
or schools and covcr muliiplc aclivities. such as youth projccls. fccding projcLls. food banks and
outreach aclivities.
The Company haq pcrfornicd well over the years as is ciiidenccd by Ihc niimbcr8 of mcmbcr8 or
thc coiig)rLT)&iali()n, IIIC %UPPL)rt in the congrcgjation of variou.s activilics dnd Ilic participatii)n in
CL)mmunily dLtivitiLS 41nd mis%ions. ThL fiinding of thL Coinp&iny hds also bLLn SiiLLL%%ful dnd
for inany ycars a surplus had bc¢n registcrcd. In lh¢ most r¢cent ycars. an annual dcficit has
IK'Ln rLgistLrid diic Iv lin inLfLasL in ihc cosl basc withoul 41 Lorrcsponding inLrLrf15C in rcN'cnucs.
ThL Bciard 1% 14ikinb prodLlii'c %lcp% io cn¢ouragJc mLinbLrs lo inLfLasL II)Lir Contributions.
ML'mbL'rship numbLr% bcL'n stablc oN'cr the la.%1 nuiiibcr of yL'ar% iyiih ciround 1,5(MJ IlLIivc
mLinbLfs c)r ￿.111¢h 41roiinil a l.(KK) arl ,qduli>*. Conlribiilion% of rL'%triLILcI ancl unrL'%lriLILcl fund
by Inciiibcrs wcrc .slightly highcr in 2024 at L629k (21)23: L611)k).
The church serviccs conducted are a5 follows:
Dr. Sicyn has hi$ London basc tor 2024 ai Michael Faradgy Priinary School and conducls
Sunday churLh seTr'ice.% eN'ery %econd and forth Suiiday in London dnd hi% Maid%lone ba.%c at
Sutton ValLncc School whLr¢ scrviccs arc conduclcd CVLry first and third Sunday in.
RLfv'. HIlrnlLLn LoncliiLls Iwo churLh scrviLLS pLr month al thL' ThLydon Bois VillilbVL' Hall.
Thcydon Bois and church scrviccs pcr iiionth at Aldcrbrook School. Soliliull. Birniingham,
wilh une ￿eT￿lLe per month in E'dinbLir¥h.
Dr. Van Dyk LunduLls his Iwo Lhurch services per monih al Kings CollLgL in Giiildford.
Othc T churLh dLliN'iliLs arL iiiainly focusLd on supporting Sm4illL'r groiip5 NN,ho MLLI vn a rLgular
ba.qis for M'orship and Bible study. These acliN'ities include Chri%lian brcaklasl ineettngs.
inlegratcd lcadcrship dcvclopmcnt ivith focus on thc intcrprctalion of thc Biblc, discussion
groups and Irdininby LvLnis.
At thL cncl of tk'LLiiibLr 2023, Ihe Coiiipany had 3 tull timL lind 8 P41rt limc LmployLLS (inLludin
thc mini.stcrsl. w iih a full limc equivalcnt of 7.0 {2(I23: 7.rJ> posts. Imployees ii'cre r¢s￿)n￿]bIC
for thL mdnagiL'mLnt and administration of all Lhurch and Lhurch rL'lat¢d aLtiN'iti¢s.
accounlingJilindllLial managpcmLnl of the Company. InanabpinbF ihc dalabasc and wLb%ilc and
various digital pldtforms in %upport of ihc ministry.
As J)otcd ab0￿c. Ihc Jiiaiii Purpose of the Company is lo advwice ihc Christian rcligion in ihc
UnilL'd Kinbydom. wilh SPL￿lf1L foLUS on Afrikdan5 S￿11kIng, Souih AfriL<ills in ihL Uniled
Kingdoin. Thc high incnibcrship nui)Ibers ol. thc congrcgaiion and the Ici'cl ol. participation in

SOUTH AFRICAN CONGREGA TION
actiN'ilies deinonstrate the need for such a Coinpany. The church and w'orship services are also
reguli1rly atlended by a number of E'nglish-SP¢iiking people <15 lii'e tr<inslalion services are
aN'ailablL ai sLfi,'iLLS.
Thc diffcrcnl wards of ihc church inicracl with local charitics and lo&)cthcr Ihcy dcvclop
strategies to reach out to local communities and schools and participate in local eN'enls.
Conlribiitions to foLMlbdnks dnd oihLfs in need Lontinued throughvut the y¢<if we believe that
hLlping ihosL in neLd is a demonstraiion of our failh.
The South African Congregalion is a member of ihe F.vangelical Alliance.
The T￿slee5 have complied with the duty in section 17(5) ot.the L'haritics Act 201 I to have duc
rcgyard lo guidancc publish¢d by Ihc Charity Commission on public bcn¢fit.
Finanei#l review
Thc total unrc%trictcd collcclions and donations for thc 2024 financial year amountcd to £474k
(?023- £457kl. ThL' Lonlribulions in respcLI of rL'StriLILbd funds WLrL £9k {20?3- £16k). while
Gill aid contribulcd L911k {2023', £1(Nk) and incomc from investment% L4k (2023: £5k).
Activities and events income amounled 10 £44k (2023: L23k).
After expenses in respect of iinre4tricled funds of L691k (2023: L709k), the L'ompany recorded
a dLfiLiI of £71 k {?02.3., £ I l.sk ). r,XPLnses in rcspccl ofrcstricicd funds ainoLilliL(I tc) £ I I k l ?0?.3-
£22k). resulting in a deficit ot. £2k (2023: £6k). The main driver of the deficit was intl£ltion
rL'lalcd. ThL finiillLiiil p()siliun rL'mains slablc. wilh L4lsh rLsoufLLS of L156k (.1 I DLLcmbLr ?023-
£222k) wliile the Board continues with a concerted eflort lo incre&se collections and donations.
The Trustccs do noi forcsce any material change in ihc activilies in thc coming year. Thc
Trustees Lonlirmed the conlinualion of the church serviLes being ditailiible not only Jl the
ditTcrcni placcs ofworship. bul also via ihc digilal platfoms. Thcrc arc a numbcr of pcoplc from
around Ihe ￿'Orld who continue lo lune in to tlie digTltal .%er%'ices as li provide% an opportunity for
oplc lo join in lo a s¢rviLL alihough ihLy do noi livL closc cnougih to allLnd a Lhurih scrvicc
in PePiQn.
The structure of the ministry, execulion of ihe slrategy and location ot. services are assessed
annudlly al a strdtcgic plannin¥ mcctinB whcrc thc latcst inforniation about InL'mbLrs.
conlribulions, Goi.'crnmcnl policy on visas and work pLnnits and oihLr fallors impa¢tingTr on
activilics. arc con%idcrcd. A ri.%k rcgFjStcr is m<1inlaiiicd to 11 %%iSt thc Tru4tccs wilh Ihis cvaluation.
From this forum short and mLdium-t¥rni plans ar¢ dci'¢lopLd.
ThL Company rLports in dLLorddnLe with AcLounling and RLpurting by ChariliLS: SiatemLnl uf
Reeoinmended Practice applicable to charilie.s preparing iheir account% in accordance with ihe
FindnLidl RLpDrting Standard iipplicablc in ihc UK and Rcpublic ot"Irclund (FRS 1021 Icffcclivc
l January 2019).
Rescrve$ and fund$
Reserves consist of all retained income available to the L'ompany and exclude the designated
funds and thc rL'slriLILd funds. The r¢?*cr￿'¢S ofihe Church arc considcrcd 10 bL' surricicnt for Ihc
sliort and iiiLdiiiiii tenii. I lowever. due lo Ihe facl iliat all the acliN'itie% arL iiiaiiilv fundcd froin
wLckly and ii)()nihly d()nalions from ihc congrc¥)alion mcmbcr%. il 1% LonsidLrcd prudcnt ihai Ihc
Coiiipany slioiild niaintain re.serves that are suflicieiit to support at least one year s planned
activities. ThL Compdny also bought properties wrhiLh dlt nol only ilL¢omiiii)d<ilion for th¢
ministers. bul also serve &8 offices for ihc diffcrent wards. The purchasc priccs of thc propcrtics.
in excess of depreciation, was also funded by the dccumulated reserves.

SOUTH AFRICAN CONGREGA TION
Designatcd funds arc sel up to provide sufficient resen'es to fund all cost% of rcturning the full-
time ministers to South Al"rica, in <1ccordance with their employment contr(ICts. The general
unrLStriLILcI KsLfw'Lb al yLar-cnd amouni 10 £2,144k (?0?3- £? ?15k).
Plans for the future
As part of ihc annual %tratL'gic planning by the Truslccs, an assc%smenl is iiidde of Ihc
mLmbLfsliip. Ihc conlribulion% by the mciiibL"rs and ihL main arc&4 ￿￿h￿rL InLmbLrs lifv'c. agtrain81
thc placcs ii'hcrc %unday scTh'ices are held and the facilities availablc al thcsc placcs ol"ii'orship.
Total mL'mbLr5hip numb¢rs lind Lonlribulion5 sl¢ibilised biii ihere are 41150 somi mov¢m¢nls in
thc mcmbcr4hip numbcrs bclu'ccn ihc dificrcnl wards. Thc main considcratioils of'ihc Trustecs
are the ongoing findnLial sublainability of the wards in total. but Lonsider<ilion is also given lo
each of the places of worship.
Su￿1¢1¢nI res¢rv¢s and an adcquale cash balancc provide comfort Ihat Ihc a¢tivili¢s can continuc
for thc %liort to Incdiiim tcnii. Dcpcndiiig on trends in mcmbcrship ¢111d contributions, thc
TruslLLb hdvL the Opiions of LiihL'f Llosin¥ one or morL' ofthL plaLL'S ofw'orship. or Lons0lid<iling
thcm, andlor rcallocalc the rcsourccs bctwccn the ditycrcnt points ot'w'orship. li is al.so possiblc
for soiiie 4lLliN'ilies lo be ￿dIed baLk al one or more of the point5 of WOP>hip. A further Oplion i
to %cll iinc of-IliL propcrtlLS owncd by th¢ Company. IhLrcby iurning rc%Lrii¢s inlo cash. This is
a conlinuiiig J55¢%%111L'nt <ind el'iiliiiilion <ind lh¢ Lurrcnl lei'el of aN'ailJblL res¢Th'es and lund
shi)uld pro¥'idL surriLicni support during) Ihc limc of Ihc implLmeniaiion ofany such dLLisions.
Siructure, Ciovernanci. and ￿lanageM(,￿t
The org<)iiisalion is <1 C'hciril4ible L'ompany limitcd by gu£irantcc. incorporatL'd on the 21,
FLbruiqry ?01.1. ancl 1% rLbij%lL'rL'd as a Charity sincc Ihe .Sth of Miiflh ?01 l. Tl)L Compiny was
e%tablisliLd Liiidcr a Mciiiorandum rlt. As.8ocialion whicl) cslablishLd Ihc objcclivcs aiid pouieTS
of thL ch41ri1.iblc C'vmp¢illy lind is gOVLrnLd undLr its ArtiLILs of A4sv¢iiilivn, In th¢ LvLnl vf th¢
Company beinbF wound up members are required to contribute an amount not exceeding £ l O.
ThL DirLLlor% ofiliL Ci)Inpdny arc al40 Charity Trustecs for the purposc of chariiy law and under
thL' Lompdny's ArliLlcs arc know'n a5 membcrs.
A Maiiagcmcnl Commiltee. con.si4ting of the Truslccs and Ministcrs, iiianagc the activilic.s of
IhL' Chdrily. All mcmbLr% of Ihc Managcmeni Commitl¢¢, exc¢pi for the full lime cmploy¢d
Miiiistcrs ￿,ha arc nnt Truslccs. give their timc voluntarily and rcccivc no remuneration or
eLonomiL benefils from the Ch4irity.
The Trustees h4lVe rc5ponsibility for the cliarilablc activilics and <idministration. as well as the
¢ontrol ot. all asscts. funds and propcrtics of ihc Company. In cxcrcising ihcsc rcsponsibililics.
Tru.stees with thc required experience, training and skills, are appoiiitcd.
Trustees, Induction and tralnlnR
All TrublLLS 41nd inLmbcrs of IhL MiinaspLmcni Commitlcc arc aciivc panicipanls of ihc South
Alrican C'L)ngJre&?c11ion church and therelore of the C'harily. This ha% ilie adi.'aiila&?L that they are
all familiar wilh IhL aclivilics. Ihc poliLiCS and proLcdurLb of thL C liarily. All IhL ManagLmcnl
Cominiltee inembcrs are professionals in ditlercnt disciplines. runging froii) tinancc. prii'ale
equity. ¢011sulting. IT. projcct management to tr<iincd minislers of rL'ligion, with mdny acting a5
Trublces,'Ind.,'c)r DirL'clor% ofoihLr Chariiics and Companics. Manay7LmLnl CominillLL mLmbcrs
arc CliLoura&iL'd io frLqucnlly rcvicv¥' IhL' L"harily L oiniiiissions, ￿'L'b￿1tC to LiiidL'rbt<iiid Ilicir
rcsponsibililiLS. thc rcquirLmcnl% of Truslccs and lo bc aware of ncw dcvLlopmLnl.s. Thc Charily
Cojnmission's wcbsile is also used an on-going Iraining tool.

SOUTH AFRICAN CONGREGA TION
Rlsk mana%ement
ThL Mdn4lg'Ltncnl C'ommittcc Ilnnually conducl a rcvicw of Ihc m61jor risks to ii.hich ihc Charity
is exw)%ed. A risk regi.ster is iiiainlained and updaled ￿,1)ere necessary. Wliere appropriate.
system5 dnd pro¢Ldiires have been estdblished to mitigate the risk5 filC¢'d by the Chilrity. Intcrnal
control risks are minimiscd by the implemeniaiion of pmcedures for auihorisalion of all
expen5CS, tnllS<lLtions and projects. Procedures are in placc to cnsurc Loiiiplidncc wilh hcalth
and safLly of%lafi'. church mLmbcr%. iioluntLLrs and vi%itors. ThLSL pr￿LdUr￿￿ arc PLriodically
rcVie￿,ed to crj.surc that they contiJ)ue to meet the needs ot.the C'harity. WhLfL appropriate. risks
are Lo%'¢r¢d by in511fdnie, However, in a55es5ingw risk, Truslees rLLugvnis¢ Ihdl somL' ¢if¢<15 of ils
work rcquirc thc acccptancc and managcincnt ot.risk it.lhc kcy objc¢iivc% arc 10 bc acliicvcd.
The major ri%ks. documentLd in the risk regisler. are idLnlifiLd and ranked in tcni)s of iheir
potenlial impact and likelihood. Major risks. for this purpose. are those that may have a
sibnifi¢dnt Ll'l¢cl on:
()pcrntional pcrfomiancc, including risks to our pcr40nncl, mcmbcrs wid thc gencral
public:
FinclllLial sus141inabilily, illLludingv stsbiliiy and securily of inLome'
ALhiL'vcmL'nt of our aimb and objcLIivLS: or
MLLling IhL LxpLL141tions uf our mLmbLrs. missiun Pdrtncrs and loLal Lhdrilics with
wl)om we serve ihe local cominunity.
The followinsj framework is cenlral lo ensuringi adequaie risk assurancc:
Regular nioniloring of major risks and devclopmcnt of action plans;
Embedding risk identificalion and asse55menl w'ithin operating procedures,
A clellr .slriiclure of delegaled authority and control:
Rcvicw ol. kcy systcms and proccdurcs.
Ini()mL
Ind prufil largiLI.% for IhL ditTcrcnl 14,14 rds, wilh regu14qr communicalion to
InciyibLrs ahoui ihc I Inancial posilion ol. Ihc C harity:
Maiiilainingj rescrvcs in linc wilh sct policics. and
R¢biilar di%¢ussion on ri%k manab?cmcnt by thc Trusl¢cs.
Risks dfL' also LonsidLfLd and addrL.55L￿ ab part of IhL annual slr<ilL'giL fLViL'W. It is funhLr
rci'icwcd wlicii thc budgyct 1% prcparcd aiid al%(J al the rc&)ular Tru.stcc incclings where thc
inLome, expenses. Lash IIuw's and insuTanLe are disLussed.
Grants
In accordancc with ihc principlLs of ihe Christian faiih. thc TruslLcs bclicvc thal thc
41di.'anLeiii¢nt ol" Ihe L'hristl<in b¢li¢t" (ind comp¢ission r¢li¢t" are iii¢xtriLiibly linked to clich other
and cannot bc scparalLd. Coinpassion rclicf is given to Co￿.cr urgLlli co4t% of inciiibLrs ot" Ihc
congreg<l1ioii during times ot" need. Likeii'ise, the support of other L"hrislian initiatives and
org141llis¢ilions arL ?+Lcn a?+ pan of IhL rLsponsibilillcs of IhL Lonb7rcb?aiion. ThLfLforL. in addilion
to orgjanisingj Ilie main Church aclivities. the C harity also provide% gyrant% lo otlier in%litutions
Ihal sUPPOrt ils aims. Thcsc grants arc approved by ihL TruslcL's and oi'crsccn by ihc
Management Commitiee. Grnnls provided are shown in note 9 to the accounl.s.
Investment Pom'ers
The Memorlindum of A550¢idlion authorises the Trustees to mdke and hold inv¢stm¢nts using
the bjcncral funds of thc Charily. The cash funds of ihe Charity arc kcpt on a onc-day money
market deposil aLcounl with the Company's banker. No other investments were made. A
slralcgic dccision was tak¢n lo purchasc thc propcrtics ihal arc providLd to thc full-limc
Ininistcrs as iesidences. as detailed below.

SOUTH AFRICAN CONGREGA TION
Investmenl In Ilxed properti,
ThL TruslL'Ls bLliLvL that IhL goals of thc Chariiy could bc ihc bcst %crn'cd by acquiring ihc
residential properties needed io proiiide accommodation to the tull-liiiie ministers. This
eliminates the risk of increasing rent<ils, The properties are also iised by the ministers and
adminisiraiive personncl as o￿l¢eS of ihe ditTLYent wards. This ensures a furthLr cosl savingv and
mitigatc% tlic risk whcrc busincss activities are often not allowcd undcr a rciital agrccmcnts.
Going concern
ThL aLlii iliLS. lobleiher with the tactors likely to arrect future del'elopment, linancial ￿sItIon.
financidl risk manag?L'mLnl objL'LtivL's and dLriN'Jlive aLtiiiiliL'S. dnd thL LXPU5LifL'S to liquidity
and c&sh Ilow risks are set out in ihis Truslee Directors, Report.
Th¢ Comp:Iny sib>nifiLanl rcs¢rii¢s and suifiLi¢nl cash rLsouriLs, ￿'1(h no dLbt. whi¢h will
enablc il to lund actiiiilic4. Expcnses arc al.w managed. w,hcrc p055iblc. in lii)c ivith
conlribiilions rLLL'iI,'L'd. As d LollsL'qUL'llLL. IhL' TruslLL' DirL'Llors bL'IiL'II
L thill IhL' Company ib
well posilioiicd io manage ils business risks succcsstully in thc currcnl ccoi)omic climalc.
Allcr making? cnquirics, Ihc Dircctors hav¢ a rcasonabl¢ ¢xpLclalion ihal thc Company has
adcquatc rc4uurcc4 to cuntinuc in opcrdtional cxislcncc for thL torcscLdblc futur¢. AcLordin&FIy,
thLy LonlinuL lo adopi ihL gpoing LonLLrn babis in prLP41ring thL annual rLpon and aLLounls.
Tru4lei. Diriytors. responsibilities
Conipany and charity law require the Trustees to prepare the Tru.slees' report and the financial
s141ILincnis in 41LLorclanLL with FRS102 and Ihc Lharily SORP (FRS 10?). TIIL TruilLL% musl nol
appi-o&'e tlie liiiancial %talLnients unless ihey are satislied il)al they gjji'e a trLie 4111d fair i'le￿, of
IhL slalL uf 411.liiif5 uf ihL C'hiirity ilt Ihc (nd vf IhL finiillL ial yL¢W and of ils surplus or dLIiLiI for
thdl pcriod. In di)iiigi %0. Ihe Tru.%tee% are responsible for..
Sclcct suit41blL' accoiinling policies and thcn apply thcin consistcnily,
Make judgcmcnts and cslimatc.s ihat are reasonablc and prudent,
PrLparL Ihc financial slatLmcnis on the going concern basis unlcss il is not approprialc
to as.SLiinc that Ihc Company will continue on thai b&sis:
Th¢ maintcnance and integrity of th¢ corwrat¢ and financial infornialion includcd on
thc Lharily'5 wcbsilc.
The Managieiiicnt Lommiltcc 18 responsible for maintaining propcr accounting rccords which
disL105L M'iih rcdsondblL dLLiiraLy dl any timL IhL finanLiiil p05ilion of IhL C'hdril4iblL Company
and io enable them to ensure ihat ihe financial stalements comply wilh the Coinpanies Acl ?006.
Thc M¢inJgciiiLnt C omiiiiltLL is also rcspon5iblL t.or safLguarding thL asscls of Ihc C'harit<iblc
Coinpany and licnce tor laking reasonable steps for the prevenlion and detection of traud and
other irregularities.
Tru.stces. who arc DircctOT8 for thc pury)ose of Company law and Truslces for the Purpo￿ of
Chariiy law. who servLd during ihL ycar and up io ihL dalL of ihis rLporl are sel out on page 2.
In JLLord<illLe with Comp<iny Idw.. d5 the Comp4illy'5 DireLtors. il'e Lertify that..
So far as wc ari aw'arc. Ihcrc is no ￿levant audil inlonnalion of which thc Company's
auditors ¢ire unaii'are: and
As ihL DirLClors ofihc Company we havc takcn all thc slcps Ihal wc ougpht io havc lakcn
in order to inake our%elves aware of any releN'ant audit information and lo e%labli%h ihat
Ihc Charily's auditors arc awarL of ihat infomialion.
Auditors

SOuTHAFRIC￿v CONGREGA TIQN
David Howard was ap￿Inted as the Charitable Company'8 r￿st auditors and h8vc express
their williw¢ss to conlinue in that capacity in accord￿ with Se<tion 487(2) of the
COMP￿leS Act 2006.
Accountin8 and Rewting by Charities (SORP (FRsiif2)) and in accorkn with the Sp￿￿1
provision of Part 15 of th¢ compani￿ Act 21J06 relatiD8 to small ￿tt￿¢S.
Approval
Morne
Ch
eo B¢rg
025

SOUTH AFRICAN CONGREGA TION
Jndependent Auditors, Report to the Trustees of South African
Congregation
We hai'e auditLd ilie fiiiancial stalement.s of Souili African Congregation for tlie year ended
31 DeL¢mber ?024 w'hiLh ¢ompri5e the slalemenl or rinlilliidl &lLlivilies. the bdlcince sheel dnd
the rL'laiLd noiLS. ThL financial rcportinbF framework Iliai has bccn appliLd in iliLir prcparalion
IS dppIiLable law and the F indnLial Reportingi Standards iiiLluding F inciiiLial Reporting Standard
102: Thc Financial Rcponing Siandard applicablc in ihc UK and RLpublic of IrL"land Iunilcd
Kingdoiii Generally Accepted Accounting Practice).
In our opinion. thc financial stalemenls:
giN'e a Iruc and fair I'ievii of the slate of the Charity's affaiTS as at 31 December 2024
and of its incoiiie and cxpcnditurc for the year then endcd;
lia￿e been propcrly preparcd in accordance with United Kingdom (iencrally Accepted
Accouiiiing Practicc:
have bccn prcparcd in accordance with the rcquircmcnts of thc Coinpanic8 Act 2(K)6.
BA$is for opinion
'L LonduLILd OLir audil in accordancc with Inlcrnalional Standards on Auditing (UK) {ISAs
(UK}) and applicablc law. Our rc%ponsibilitics undcr ihos¢ standards arc furthcr dc%cribcd in ih
Auditors respoiisibililie5 for the audil ot" the financial staleinents %eclioJ) of our report. We are
indLPL'nclL'nt of lh¢ Lh4irilablL Lompany in aiLordancL Ii'iih IhL' ¢ihiLal rL'quirL'm¢nls Ihal ar
relefv'ant In ()Iir lludit of'ihe linancial %lalements in ilie UK. includingi tlie FRC"'s Ethical Standard.
and ￿,￿ ha￿.￿ lul li IIL'd uiir oihLf LtliiLal rLsponsibililiLS in ilLLordanLL Il'ith ihLSL fLquifLIIILnls.
We believe that tlie audil evidence we have obiained is sutlicienl and appropriale lo pro￿.Ide a
basis for our opinion.
Concluglons relatlng to golng concern
WL hill'L noiliiiibT lo rlport in rLspLLI ut. Ihc following mattcrs in rclation to which tlic lSAs (UK}
rcquirL lo rLP()rl 10 you whLrL:
the truslees. use of the going concern basi4 of accounling in the preparation ol. the
tinancial .statements is not appropriate; or
the trustees hai'e noi disclosed in ihe financial slatements any identified material
ui)¢ertaii)ties tl)at may cast 4ignilicanl dnubi about tlie ("harity'4 abilily tn continue to
adopi tliL g)oing conccrn basis ot. accounting lor a period ol- ai Icast Iw'clvc inoiitlis Irom
the date when the tinancial .statements are authorised for issue.
Other Informatlon
The Iruslees are responsible for the other inforniation. The other infonnation Lomprises the
inforniation includcd in the annual report oihcr ihan ihc financial statcmcnls and our audilor's
report tliereoii. Our upinion on ihe fin<incial sl<lteiiient5 does not cover the other infomi<ltion
and. cxc¥pi lo ihc cxlcnt oih¥rwisc cxpliciily stalcd in our r¢porl. wc do not Cxprcss any fonn
of assurancc conclusion ilicrcon.
In conncction with our audit of thc tinancial stateincnLs. our rcspon%ibility is to rcad thc other
informdtion dnd, in doin¥ so, consider whether the uiher infonn&ilion is maleridlly inLonsisleni
with th¢ financial stalements or our knowledg¢ obtain¢d in ih¢ audit or otherwis¢ appears lo be
10

SOUTH AFRICAN CONGREGA TION
Independent Audltors. Report to the Trustee5 of Soulh Afrlcan Congregat5on
(continued)
Inalerially mi84tdled. If we identify such material inconsistencies OT apparent malerial
misslatLincnts, wc arc rcquircd to dclcrminc whcihcr ihcrc is a malcrial missialcmcnl in ihc
finajicial .siatenieiits or a material misstalement of the other int"oniiation. Il.. bELsed on ihe work
'¢ have p¢rfum]Ld, we ¢onLlud¢ Ihdl there is d matLridl mi5slalLmLnt ofihis oiher inforniiltion,
we are rLquifLd io report ihai faLt. ￿'e haN'e noihing io reFK)rt in this regard.
Opinions on other matter5 prc5cribed b). the CompYdnie5 Acl 2006
In our opinion, based on the work undertaken in the cour8e of the audit:
Ihc infornialion givcn in thc trust¢¢s' r¢p)rt forth¢ financial yLar for which the financial
slatcinents arc prcpared is consistent ￿PIth the financial slatcmLnts' and
Ihc Inislcis, rcwrt (incorporaling ihc stralcgic rcport and Ihc dircclors. rcporl) has Ixicn
prLparid in acLordancL will) applicablL Icgial rLquifLinLnts.
Matters on which we are required to report b). exception
In Ilic light of iliL kii()wlcdg?L and undcr%tandingy of iliL Charity and it4 Cli￿ ir()niiiLnl obtainLd in
IhL cvursL ol. thL <iiidit, II'L liai'c nol idciitiliLd m41tLriiil misst¢ltLIl)Lnls in thL -l-rustLLs Annual
RLlXlrt. WL hai'L ni)IliinbT lo rcport in rc%pLYi of ihc fL)IlowingJ iMallLr% in rLldlicin to whicli IhL
Coiiip<iiiies ALI 20UC) rL'qLiircs us to report to you if, in our opinion:
adcquatc accoiinling rccord4 have noi bccn kcpt or rcturns adcquatc for our audit liave
iiot been received from branches not vi.si(ed by us.
Ihc financial slatcmcnts arc not in agrcemenl with thc accounting rccord.s and rclurns;
ccrlain disclosurcs ofiruslccs, rcmuncralion spccificd by law arc nol madc: or
we hilVL nol obidinLd dll ihc inforniation and explanations nLLLssary for the purwses
ofour audil.
Responsibilities of the truslees
As explained morc fully in ihe truslces. responsibililies stalemenl sel out on pagc 9. Ihe Iruste¢s
arc rcspon%iblc for thc prcparation of thc tinancial sthlcrncnts aiid for bcing satisticd that ihcy
give a tru¢ and fair N'icw. and for such intLrnal control as ihcy dclenninL is ncLcs8ary io cnablc
thc prcparation ot" Iinancial statements that are free from material misstatcment. whether due to
frdud ur Lrror.
In preparing the financial slatements. the trustees are r¢sponsible for assessing the Charity s
ability to continue as a going Conccrn. disclosing, as applicable, matters rcl<ltcd to going concern
and usingy ihL byoinb? conLLrn basis of aLcoulliingT unlLs5 ihc iruslCLS ciihLr intLnd to liquidalL ih
L hariiy or to LcasL OPLration5. or havc no rcali5tic altcrnatiiie but lo do 50.

SOUTH AFRICAN CONGREGA TION
Independent Auditors, Report to the I'rustees of South African Con%regation
(continued)
Our responsibilities for the audil of the financial statements
Our objectives are to obtain reasonable assurance about whether ihe financial statements as a
tholL' dfL' frL'L' from iiialLrial mi5stalL'mcnl. M'hL'ihLr duc to fr£iud or L'rror. dnd lo issuc an
auditor's report that includes our opinion. Reasonable assurance is a high level of assurance. bul
is not a guarantee that an audit conducted in accordance witli ISAS (UK) will alway5 delect a
malirial misslalimlnl whin il ¢xists. Misslal¢mLnts Can aris¢ from frdiicl or crror and arc
considered Inatcri£il il.. indiN'idui111y or ii) the aggreg7ate. they could re£lson£ibly be expecied to
influLllLL' thL LLonomiL dLLisions of usL'rs lakL'n on iIiL' basis of IhLsL' I IndiiLldl slalLmL'nls.
Misstatcmcnls Lan arisc from frnud ore￿or and arc considcrcd matcrial if, individually or in thc
ag&?r¢gat¢, Ihcy could rca%onably b¢ ¢xp¢ci¢d io influ¢n¢¢ ih¢ ¢conomic dccisions of uscrs lak¢n
on the basis of thesc financial statciiicnts.
Irrcgularities, including trnud. arc instances of non-compliance with laws and rcgulation.s. Wc
dL4i¥n proLLdurL% in linL with our respon%ibililies. ouilinLd iilKIVL. lo dLILcl mdlLrial
misslatcincnts in rcspect of. irregularitics. including fraud. The ¢xt¢nt lo w'hich our proccdur¢s
arL' C¢lPiiblc (pf dclLcling irrLgulilritiets, includin¥ fraud is dcliiilcd bclow:
Our ppfoclch lo identifying and £i%%e5singy the risk5 of mcileriill misslatciiicnt in rcspcct of
irrLbyiilariliLi. inLluclinbi I r¢iud Jnd non_complianLL wilh la￿.4 and rLgvu1411ic)n%, Il'495 li)IIoM's:
the engageiiient partner ensured ihat ihe engagemenl teain cnllectively had the
appropridlL LompctLncc. Lap<ibilitiL?i and skills lo idL'nlify or rcLo¥nisL' non-Lompliance
with appliiablc laws and reg)ulations'
wc idci)tilicd tlic l&lWS and rcgulation5 appli¢ablc to Ihc ¢OliiP&111y Ihrougli di%cussion
wilh Ini%lLLS lind oihLr mana¥L'mLni. and from our cominLrcial knowlLd¥L and
L'xperienLC Ot- thc charity scctor;
w¢ foLii%ed on speLifiL IdWS dnd regulations whilh we ¢onsidered mdy have a direct
Inalcrial ctTccl on ihe financial slateincnis or ihc opcraiions of thc company. including
%uLh the Chciriles Act 2011. taxation legislation. data prolection, anli-bribery. dnd
hLalth and safciy IL•giislalion:
we cis%e%%ed the extent ol. compliance ￿'ith the laii's and regulations identified above
Ihrviigh m4iking LnquiriLS uf m<indgLmLnl lind Ins￿LlIn¥ IL¥411 LurrLspundLllLL4 lind
identi fied laws and resjulaiions M'ere coinmunicaied wiihin ille audii ieam rcgularly and
Ihc team reniained alcrt to instances of non-compliance throughout tlic audit.
We &sse44ed the susceptibiliry ot" the company s financial 4talements to material mi4statement.
inLluding obtaining an iindersldnding ofhow fraud might OLcur, by..
Inaking enquiri¢s of management as to wh¢r¢ they considered th¢r¢ was susceptibility
to fraud. their knowlcdge of actual, suspected and alleged fnud:
L()nbiclLriiigF ihL inlLmal Lonlrvls in place lo mitigalc risks of frdU(l and non-compliance
'iih la￿,.$ ai)d rcgulatioiis. and
To addrL'%% IhL' risk ol" fraud through manageinent bias and override of controls. we:
rforn)Ld analyiiial proccdurcs lo idcnlify any unusual or uncxpLcILd rclalion5hips:
lestcd journal entries to identify unusual transactions:
12

SOUTH AFRICAN CONGREGA TION
Independent Aud6tor5' Report to the Trustee5 of Soulh Afrlcan Congregat5on
(continuedl
asscsscd whciher judgicments and assumpiions made in dLicrnJininb> ihc accounting
c%limales %ct out in Note 16 were indicative ot'potential bi&s: and
investl¥dt¢d the r411ion<ile behind significanl or unusual tran￿lI10n5
In response to the risk of irregularities and non-compliance with laws and regulations. We
dL5igvn¢d proc¢durcs whi¢h includ¢d, bul wcr¢ not limitcd 10:
agreeing tinancial slateinent disclosures to underlying.supporting docum¢nlation;
reddinbl tlie ininutes of meetings of those charged il'ith governanLe'
cnquiringw of Iruslc¢s iqs lo acliial and ￿l￿n(lI21 lilibvalion and ¥laims'
I'¢N'iLIA'iiig corrLspondcncc w'ith rLlcvai)t rcgulalors
There llre inlierenl limilations in our audit procedures described above. Tlie more remofv'ed ihat
law% and rLbyulalicin8 arL froiii finanLial iranqaLtion?J. IIIL ILSS likLly il is Il)at ivi ivciuld bLLC)mL
ai4'dre ol'non-coiiiplidnce. Auditing %tandard% al%0 limit ilie audii procedure% required trj ideiitity
non-Lompli'inLL ii'iih I,2V4'S and rLgTulalions lo Lnquiry of IhL dirL'Llors ancl oil)Lr m4inagvLmcni
and ihe in4pection of TegFulalory and legal correspondence. ifany.
Mdtlrial mi5sldlLmcnls Ihal aris¢ duc to fraud Lan bL hardir to dLILXt thcin IhosL ihal aris¢ fn)m
error &8 they may involve deliberale concealmenl or collusion.
A further dcscription of our rcsponsibililics for Ihc audil of ihc financial slalcmcnts is localcd
on the F inancial Reportin&v C'oujicil s websile al- [ii'wii,. fTC.org.uL'¢ludilop%re%pon%ibilitiesJ. This
dLsLfipiion fornis parl of our audilor's rcport,
Use of our report
This retK)rt is inad¥ sol¢ly to ih¢ charity's m¢M￿r5. as a body. in accordan¢¢ with Chapi¢r 3 of
Part 16 of tlic Q'oinpllnies Aci 2006, Our audit work has bccn iindcrtakcn so that wc mighi slalc
to IhL charily's mcinbcr5 Ihosc mdllL'rs we arc rcquirLxd 10 5laie to thLm in an audiiof s fLpon
and for n() ()Ihcr puryx)%e. To ihc fulle%t cxtcnt peniiilled by la￿,, ￿'C do not acccpt or a%%uinc
rL'%pon%ibi lily to 4inyonL Othcr Ihdn IhL chdriiy and IhL Lhiirity's mLmbL'fs d5 41 body. for uur 41udil
'ork. lor Ili1% rLport, or lor tIiL opiiiion% w¢ haN'c loriiicd.
LAk
Philip Lane TrCCA
Senior Slatutorv Auditor
For and on behalf of Davld How'ard
Ch#rtcrL'd Accvuntunt5 and Statutor) Auditor5
I Park Road
Hampton Wick
Kingston Upon Thames
Surrei,
KTI 4AS
Date: Z9 2025
13

SOUTH AFRICAN CONGREGA TION
Statement of comprehensii'e income (includinkF Income and Expenditure account)
for the vear ended 31 December 2024
Unrestrlcled Re&lrleted
runds
funds
I'otAI
Total
Notes
2024
2023
Income:
Donalions and LcgaLics:
CollcLtions and donations
Ciift aid claim
Incomc troin Inl'cslmcnts
Id
473,791
97,973
4.087
43.792
483,056
97.973
4.087
43,792
473.041
1011.696
5.158
22,998
IncomL from charilablc a¢tivili¢s - ¢v¢nts
TolAI Income
619,643
628,908
609.893
Fxpcnditure
F.xpenditure on chariidble aclivilics:
Missions and cvangclical work
Cosl of Church allivilics
GuvLrnancL Losls
le
16.828
636,008
37.836
690.672
27.999
6.16,008
37,836
701.1143
42.700
654.888
33.626
731.214
10
12
Total expcndliuri,
et Incomel(eipcndllurc) and net
moi'L¥mcnt An funds lor thc )'iiar
(71.029) {1,906)
(72.934)
(121.321}
Reconclliation of funds
Fund balancLS at l January
2,214,785
2,217,536
2.338.857
Fund balances at 31 December
13 2.14.1.756
2.144,601
2.217.536
All the Congregiation's operations are classed as continuing.
Movcmcnts on rcscrvcs and all rccogniscd gains and losscs arc shown abovc.
14

SOUTHAFRICAN CONGREGA TION
StatsmeDt of TrIoAnclal Posfidon at 31 Dttember 2024
2023
2023
Notes
Flxed assets
1237,800
697J33
1237,800
711,751
29.089
1,978.640
Buildings
Other tangible &ssets
1959Jll
Current Amets
Cash at bank and in Iwid
155*17
21&911
(33011)
185,1(Kl
222.488
276.736
(37.840)
238,896
Creditorn within one year
Net current amets
Total As*ts cnrrent Ilabllltles
1144,601
1217.536
Net asRts
13
2,144,601
2217,536
Funds
Unrestricted reserves
14
14
14
2,143,756
2214.785
2,751
2217,536
Total Funds
2.144,601
Companies Act 2IX)6 and s￿tion 138 of the Ctwities Act 2011. Th&8e accounts arc prepared in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Irelw
(FRS 102) (effective l January 2019)- (Cbariti&s SORP (FRS 102)).
The financial statements on pages 14 to 26 are hereby approved:
Name: Morn¢ v
d¢D B¢r8
Date:
2025
15

SOUTH AFRICAN CONGREGA TION
Statement of Cash Flow for the year ended 31 December 2024
2023
2023
Notes
Net cash (outflow)/inflow from operating
activilies
In*'esting actii'ities
Interest received
15
(62,822)
(125.428)
4,087
5,158
Payments to aLquire tangible fixed &%sets and
improve prop¢rtieS
{7,9.36)
{22,435)
Net cash flow froin investing activities
(.I,849)
117.277)
Increa%e/( Decrease ) in Cash and cash
equivalents
(66,671)
(142.705)
Cash and Lash equivalents at l January
222.488
365,193
ca.sh and cash equivalents at 31 December
155.817
?22.488
Thc fin<iiiLial 51alL'mcnls arc prL'parL*d in acLordancc wilh Ihc SPLLial proN'isions of Ihc
Comp4iniLs ALI ?006 lind SLLtion 138 of IhL ChariliLS ALI ?0 I l . ThLSL IlLLC)Linls arL pfLPiifLd in
accni'dance Vs'itl) Il)e fiiiancial RepnrlingTr Standard applicable in the UK and Rlpubl ic ot. Ireland
(FRS IU?) {LftlictiN'c l Jdnuary 201Y)- (Lharilics SURP (FRS IU?)).
16

SOUTH AFRICAN CONGREGA TION
Notes to the Financial Stalements for the year ended 318t December 2024
l. Accounting Policies
BaJ•iJ* ofpreparalion
Tlic accouiits include the results of the charity's operations which are described in
Ihc Tnistccs Rcport and all of which arc continuing.
TIIL finanLial slalLincnls h(Ive bcen preparLd in aLLordance with Accounting and
RLp(irtingy by ChariliL5- SiaiLmcnt ol"RLL()minLndLd PraLlicL appliLablL) t() chariliLs
prcpariiig ihcir accounls in accordancc wilh thc Financial Reporting Standard
applicable in tlie UK and Republic of Ireland (l•RS 102) (effective l January 2019)
{ChiiritiC5 SQRP (FRS 102)), thc Finsillciiil Rcp()rtiiig Standard applicable in the
UK and Republic c)I' Ircland (FRS I O?) and ihe CL)mpanics ALI 2006.
-rh¢ Llidrily m¢Cts the d¢fiiiilioii of a publiL bcncfit ¢nlil)' und¢r F RS I O?
Asscts and liabililics arc initially rlcogniscd (It historical iosl or trantr*action valuc
unless oiherwi.ge %iaied in ihe relevani accouniing policy noie(4).
Thc principal accounting policies adoptcd in thc prcparalion of thc financial
statcmcnts arc sct out bclow.
b. Gcjinx ciincern
Ai ihL tiniL ot. approving the financial statcments, the tni8tee8 have a reasonable
cxpcclcilion that ihc charity has adcqualc rcsourccs lo continuc in opcrational
exisience for ilie foreseeable fuiure. Thus, the irustees continue to ddopi the goin¥
c()ncem ba%is ot. accounting in preparing ihe financial statements.
liiformaiion and leApal .flalu.s of ihe chario,
Tlic Lhrfirily is a Loimpany liniitLd by giUdranl¢c and hi1S no sharc C4ipilal. Thc charity
was inL()rpi)rdlLd in F.ngiliind iind Wille% on 21 FLbruary ?0 1.3. i¥'iili C()mp(Iny ni).
011413216. li was al40 rc&)islcrL"d iiiiih ihc C'harily C'oinniission for En&¥laiid and
Wales on 5 March 2013 wilh Charity no. 1151071.
Tlie r¢gyi%tercd office 15 34 Pinew()od Garden5. Souihborough, Tuiibrid¥e Well5,
TN4 ONN.
liic'i)me
Don4tlon$ and legacles: Voluntary giifts and donations and other income are
IccuuntL(I for ￿,1)£.1] rLLLiN'ed by ihe chiiriiy.
Gifl aid: C'laims are accounted for on an accruals basis.
CJRS grant: Thc C'oronavinis Job Retention Scheinc grant was rcccivcd in rcspccl
of personncl on furloiigh and 1% accounicd for on an accrual basis.
Charltable actli'illes include all the activilies and events arran¥ed by the charily
for its mcmbcrb and for which mcinbcrs havc to makc a paymLnt or a contribution
to cover costs or to participale. Th¢s¢ include camps, training COUTS¢S, discussion
7roups and small groups.
E.Ipendilure
E.XPLndilurL is accountcd for on an accruals ba.sis.
Ilsslons and eTrangellcal M'ork is charg¢d in the year ihe amouni has been
LC)nimiltLd tc).
Co>•t of Lhurch aclivitie5 includes the salaries of the ministers and tlie rent of the
church buildings. Also included are the expenditure incurred for the different
activilics pcrforn]cd by thc C'harity and includc cosls of youth camps, training,
Sunday schools. refreshments. translation services. IT support and maintenance of
Ihe websile. speakers. prayer groups. music and oiher aciivities. They also incliide
Ihc Lvsls of (ILlivilics and Lvcnls for which contributions arc rccLivL'd from mLmbcrs
per note I c above.
17

SOUTH AFRICAN CONGREGA TION
Support costs includc the salarics of all cmployccs appointed to assist in Ininistcrial
activitics. the Ministers. housing costs. travel and communication costs. and other
siipporting costs.
CJOI'ernance costs comprise the cosl.s for thc running of ihe charity itself as an
c)rgani%atiun and in¢lude ihe Lobl of th¢ employee responsible for the &lLcounting of
the Lh<irily.
TaiiRiblefLYed a.%.sel.s and depreciation
Tangiiblc fixcd asscts are carricd ai ihe lower of cost and nct rcalisable value. All
tangible fixcd assets transfcrred from the unincorporatcd charity, as cxplaincd in
Ihe Trusiees, Report, have been Iran%ferred at tair value. All asset% purchased in
exces% 01" £50 are Lapitali%ed and an impaimieni as5e5%menl is completed ai eaLh
fiiiancial year end to en%ure that the reali5iible value is in exLe%s of ih¢ Ciirryin
'alue. If Iiol, an impdirnient write-off is made, Deprecialion is provided al rales
calculated to writc off thc cost Icss rcsidual valuc of cach asset ovcr its cxpcclcd
usct.ul lit"L on a straight-linc basis as follows:
EquipmLnt
3-5 years
Furniturc and fittings
Depreciation is provided on buildingt+ at 20/0 annum.
g. Pen.sion&
The pcnsion costs chargcd in thc financial statcmcnts rcprcscnt the contribution
payablc by ihc charity for ihc period. C'oniribuiions arc madc to dctincd
conlribulion %chcines in Souih Africa and in thc UnitLd Kingdom.
UnrestrictL,d funds are general funds that are aviiilable for use ilt the trust¢¢s'
di%Lrcli()ii in furtliLrance of ihe objeclives of the charity.
DcsiEnated funds arc unrcsirictcd funds sci asidc at ihc discrciion of ihc trustccs
for spccific purposcs.
Restrlcted t'unds are ihose donaled tor use in a particular arca or for a spccific
purp()%es, IhL U%e Ot. which is re%iriCted io thai arca or purpo%C only.
Credil()r,i andpr(iipj.i j()n.%
Credilors aiid provisivns are recogyiiised wliere ilie charity ha5 a pr¢s¢nt obli&Fation
rcsulting froin a past ci'cnt ilial will probably rcsuli in tlic transfcr of funds to a third
party aiid ihc ainoiint diic to sclllc ihc obligiation can be Incasiircd or cstimalcd
rLli1ibly. Crcdilors and provisions arc norinally rccogniscd at thLir scttlLiiicnt
amc)unl.
j. Debicin
Trade and other debiors are recognised at the settlement amount due.
2. Net incomclcxpenditure and net moi'cment in fund5 for thc ycar
Nct incomc has been derived after charging:
Year to
December
21123
Year 10
December
2023
Deprecialion
Auditors, rcmuneration
23.841
6,840
7.820
18

SOUTH AFRICAN CONGREGA TION
3. Employees
Employee Numbers
The average number of employees during the period were:
Year to
December
2024
Year io
DecLmber
2023
LbLr NumbLr
10
Employe¢s
Thc fiill iimc cquivalcnt of the average number of
cinployccs
Employ(￿ costs
Year to
Deceml)er
Year lo
DeLLmber
2024
2023
Wage5 and Siiliiries
Social Sccurity costs
()Ihcr pcnsion cosls
364,067
32,496
211,414
424.977
378.147
27.430
59.U07
464.584
Thc numbcr of cmplc)yccs whosc cmolumcnl8 (salariLs. wa&ics and bLnclil4 in
kind} fell within th¢ following bands, on an annual ¢quiv(Ilent. ar¢:
Year to
December
2024
Ycar lo
Deccmbcr
2023
£60,000 10 £69.999
£80.000 to £89,999
ThL hi¥hLr paid LmployLcs, thL full iimc mini%lcr%. wLrL" accniing pcnsic)n bLncfil.s.
Tlie t()tal pen%ii)n iontributic)n paid r()r these employees and inLluded in the
employe¢ costs. (Ibove, w(15 £22.478 (2023: £53,803).
No Tnistcc Dircclor. nor anyonc conncctcd w'ilh thcm. cxccpi as cxplaincd in notc
I I below. rLcLivcd any rcmunLralion or bcnctils trom the Charitablc Company or
hiid (Iny expenses paid by the Charity during ihe ye(Ir.
Penslon costs
Two of the three fiill time ministers are members of the Christian Cominunity
Pcnsion Fund4 ¢1 dclincd contribution fund cstablishcd and managcd by thc Dutch
Relomed C hurch in Souih Alrica. All ihrL"c lull timL mini.stLrs arL mLmbLrs of a
UK detined contribulion pension fund. The lotal pen%ion contribution made in
respeLt of the ministers, during the year. was £22,478 (2023: £53,803).
19

SOUTH AFRICAN CONGREGA TION
In accordancc witli thc Pcnsioii Aci 2008, thc coinpany rcg7iStcrcd for autoinatic
cnrolinent with National Einployment SaN'ings Trust (NLST) (ind The Pensions
Rcgiulator, wilh a staging datc of l Fcbruary 2017 and a rc-dLclaralion datc of
I FLbruc1ry 2()?0 and l FLbniary 2023. Conlribution.s to NFST arL InadL in rL%pect
of 6 einplc)yee.% (31 DeLember 2023: 6 employee>*). with th¢ ¢omp(Iny contribution
amountingi to £2,520 (202.1: £2,231).
5. Frcehold propcrtles
The frcchold propcrtics rcprcsent the propcrties at 15 Thc Haycs. Langlcy Valc,
Epsom Downs, Surrcy, KTI8 6HB, 16 Baldocks Road. ThLydon Bois, Essex.
CM16 7EB and Applegarth. 34 Pinewood Gardens, S()uthb()r()u¥h, Tunbridge
W¢lls. Kenl. TN4 ONN. The properti¢s wer¢ bought by lh¢ Ch<irilubl¢ Trust (s¢e
Trustees, Report) in Deceniber 1997, May 2001 and April 201 I respectively, and
Iranst-crrcd to thc Company on l Augusi 2013.
The propcrlies wcrL Iransferred to ihe company on l Augusi 2013 al their fair value
a% at ih¢lt d<lti, ba%Ld c)n adN'iiL and valuati()n% trL)m l()¢al L%lalc aglnls.
Land
Buildings
Total
Cost
Ai l January 2024
Additions
Ai 31 r)eLember 2024
1,237,1100
884,355
3.302
887.657
2.122.155
3,302
2.1 ?5.457
1,2_37.8n
Di'preclatlon
Ai l January 2024
Charge for tlie yeiir
172,604
17,720
172.604
17,720
190.324
At 31 Dcccmbcr 2024
190.324
Nel book value at 31 December 2024
1.237,800
697J3.1
1,935,133
Net book value at 31 DeC¢m￿r 2023
1,237.800
711,751
1,949,551
20

SOUTH AFRICAN CONGREGA TION
6. Other Tangible Assets
Fitlings &
equipnient
Furniture
Total
Cost
At l January 2024
Addiliun
At 31 December 2024
33,338
4.130
37,468
22,556
504
23,060
55,894
4.034
60,528
Depreciation
At l January 20234
C.har¥c for tlic ycar
At 31 Deceniber 2024
21.103
5.685
26.788
5,702
.3.fi70
9.372
26,805
9..355
36.160
Net book value at 31 December 2024
10,680
13,688
24,368
Nci book valuc ai 31 Dcccmber 2023
12,235
16.1454
29,089
7. Debtors
Year to
December
2024
Ycar to
Dcccmbcr
2023
HM Revenue and Cu%t()m% (Cjift Aid claim)
Otlicr dL'btop
Prepayinenls and accrued income
27,348
20,139
35,379
14.824
4.045
54.248
63,094
8. Creditors due wilhin one vear
Year to
December
2024
Year lo
Deccnibcr
2023
Accountanls, fcc
Accrued expenses
Tiix 4ind social security Costs
7.000
12.731
18,109
37.840
3,256

SOUTH AFRICAN CONGREGA TION
9. The Charlti, made grants to the followlng institulions during the period:
Year to
December
21124
Year lo
December
2023
Grants from unrestricted funds
Frcnch C'hildren Mission
Kanjanji Otphan Project
Travelling costs in visiling missions
15,IXIO
s,￿0
425
2().4?5
1.828
16.828
Year to
December
21124
Ycar lo
Deccmbcr
2023
Grants from restrfjcted funds
'Koningsoff¢r' Fund
Kuyasa Fui)d
1.741
9.430
13,300
8,975
22,275
Total grants froin unrcstrictcd and rcstriclcd funds
27.999
42,700
22

SOUTH AFRICAN CONGREGA TION
10. Cost of Church activities
Year to
December
2024
Ycar lo
DeLember
2023
Church actii'ities and ei'ents costs
Ministers, remuneration and pension costs
Other remuneration co%ts
Congregalional mccling8, evcnts and aclivilic.s
Rent - church and oihcr buildings
313.245
86.863
66,213
22,374
4811,695
314,079
129.136
48.394
26,163
517,772
Support C05tS
Housing costs
Cvlncrdl insuranc¢
Compa.48ion relief
61,768
3,933
6.974
1.075
21,101
1.817
7,187
5148
15.805
23.842
137.116
Travelliiig expenses
Stalionery, C(Ilendar. New?iletters. elo.
TelL'phone, inlernet and relevant CO%ts
Staft"cntcrlainmcni
Inlorniation tcchnology costs
Depreciation
22.002
7,245
477
12.968
147.313
Tolal costs
636,008
654.888
I l. Related party transactions
Thc TrusiCCS and minisicrs arc considered io bc rclaicd partic% to ihc Charily. aq
IhLy arL, dLLmL'd t() havc 4igniliLant ci)nlr()l ()r influL'ncL ovLr ihL Charity.
Con5LquLnily. disc105ure is required of <111 uctivities Of. Ihe Tru¥*tees and the
Ininist¢rs, and their close family menibers, witli the Charity.
In ihc fin1L nLial ycar. TruslcLs donatLd L42,614 (£38.615 dirL"Ltly, and L4,000 via a
Tru%t} (20?_3: £44.744 - £41,744 dirLCtly and £3,000 via a Iruql) Ic) Ihe Charity. Thc
mini5ter& (Ind their Llose family don(Ited £9,124 (2023: £9.482) to the Cliarity.
No Trustcc Director, nor anyonc conncctcd with ihcm, cxccpi as cxplaincd bclow,
receil'cd any remiineration or bcnefil.s from thc Charitablc Company or had any
expen4e.4 paid by ihe Charity during the year.
The full-tim¢ ministers received iotal remuneration of L218,228 (2023: £183,679)
and ihc lotal pcnsion contributions paid amounted to £22,478 {2U23: £53.803). Sce
note 4.
Tlie Charity assist the ministers through the provision of loans to purchase vehicles.
During the year. advances of £4,￿0 (2023: £16.000) was made, while £6,215
23

SOUTH AFRICAN CONGREGA TION
(?023.. £2,167) was rcpaid. Icaving outslanding balanccs of £12,452 (2023:
£14.667).
As set out in the Trustee DirectOTS' Report under Investment in fixed property. th¢
Ch(irily investLd in the purchase of residL'ntial propL'rty for use by the ihree
Ininisters and their direct fainily. These properties arc provided free of charge and
Ihc C"hariiy is rcsponsible for thc paymeni of all uiilitics and insurancc on these
propcrtic%.
During the period the spouses of two minister5 IDr Rian Steyn 6ind Dr Sebastiaan
'an Dyk) were einployed by the chiirity (2023: Three Ininist¢rs
Dr Steyn,
Drc'lascn aiid Dr Van Dyk). Thc ministcrs arc not trustees. Roncl Steyn and
Nat£qsha N'an Dyk reccivcd gross salarics tolalling £44.222 t.or thc year (?023:
£48.672
IhrLL mini%tcr8' Ivites
Sicyn, Lla4Ln and Van Dyk), Total bcnLli18
including pen%i()n c()nlributic)n8 ami)unl to £45,112 {20?.3: £49.589). Their
appointinents have all been m(Id¢ in aicvrdance wilh ihe Chariiy Commission5
7uidance. and salaries are all at market rates.
12. Governance costs
Year to
Year io
Deccmher DLcLmbcr
2024
2023
Baiik char&yes
Audit fees and other sundry items
Adminislraiive staff costs
Stationcry and oihcr cosls
2.068
7,820
24,868
3.1180
37,1136
2,175
6.840
21,769
2.842
33.626
13. Summary of Net assets b). Fund
Filed
Assels
Net
current
assels
Total Net
Assets
Unrestrlcted funds
General reserve tiind
DLsi&vnatLd flinds
Paslor Lxchange Fund
Scalingy down reserve
1,959.501
84.255
2.043.756
50.000
50.000
184.255
50,000
50.000
2,143.756
1.959.501
Re5trlctcd funds
'K()ning%()ffer' Fund
Kuyasa Fund
845
845
1145
845
1,9459,fj01
2,144,601
24

SOUTH AFRICAN CONGREGA TION
General reserve fund is the balance of funds available for dircct allocation and
distribution.
Dc$lgnatcd funds are those amounis that are set aside to coi'er the costs of
¢mi)l()y¢¢s M."ho i%."ill be expected to return io South Africa at tlie end of their
conlracls. Funds are also desiginaled to cover the costs in ca￿￿¢ of ￿$Ca]Ing¥ down of
activities and rctrenching employees.
Restrlcted funds arc thosc amounls ihal wcrc donalcd with the cxprcss wishcs of
the donors that they be contributed to a .%pecifiL activity or organi%ation.
14. Statement of Funds
0110112024
Inllow Outflow 311121202
Unrestricted funds
General reserve fund
Desi¥naled tiinds
Pastor Exchange Fund
Scaling down rcscrve
2,114,785 619,643 690,672 2,043,756
50.000
50.(>00
2,214,785
50.000
50,000
619.fv13 690,672 2,143.756
Restricted funds
'Koningsoffer' Fund
Kuyi15a Fund
1.741
1,010
2.751
,741
9.430
9.265
9,265
845
845
2,217,536 628.908 701.843 2,144,601
The rcslricicd reserves represent the funds donated to the Charity for specific
purp()%L'.4, or whLrL' thL Charity had an activity or LvL'ni with the %pL'Lific purp()%e
that all donation5 received or surplus funds from the activity would bc used for the
advertised purpose. These funds are recorded separately and are nornial ly paid over
to thc bcncficiarics annually, or if it is onc of thc groups alrcady bcncfiling from
donations by thc Charity, it is paid with the nomal contributions trom rimc io iimc.
Sullicicni ca%h or %hort-ILm dcpo%it4 are al'ailable io make ihese paymenls and
IhL%c fuiids arL' nol usLd lor nornial tunding purp(i%cs.
The funds above oriBinat¢d from th¢ followingF and the purposes of it are:
Fund
Purpose
"Koningsoffer" fund
Annual specific conlribulions for an advertised
PUTPOSe, determined by the Trustees, in many Lases to
25

SOUTH AFRICAN CONGREGA TION
support missions or other activitics similar in goals to
the C'harity
Fiinds donatcd to a projcct in Soiith Africa to providc
schooling and school clothing io cliildrcn
Kuyasa fund
15. Notes to the statement of cash flow
Reconciliation of profit to net cash (0utflow)linflo￿, from operatinLi actii'ities
2024
2023
Prolill{Loss) lor the year
Adj ustmcnts to rcconcilc profit for thc ycar to
ncl cash flow from opcraiing activities
Deprecialion
Financc inconie
Workin¥ capiliil movements
{ Increa.8e)IDecrea.%e in debtors
Incrcascl(Dccrcasc) in crcditors
(72.935)
(121,321)
27.075
(4.087)
23.841
(5,158)
(8,1146)
(4.029)
(25.563)
2.773
Nci cash (ouillow)linllow Irom operating
uLtivilies
(62,1122)
(125,4211)
16. Crltlcal accounting eslffimates and judgements
Thc prcpar¢1tion of thc financial siaicmcnts rcqiiircs m¢indgyLincnt io make
judbiLinLnt%, e%limatcs and a4sumption.4 ihal al'fecl ihe amounli rLpc)flLd Icir assets
Ind liabililiLS a% (li ihL b<il<inLL shcLt datL and thL amc)uiits rLP()rtLd fc)r rLN'LnuL5
and expLnsL'5 during the yL'ar. I lowever. the iialure of estini(Ilion InL'ans that aLtual
oulcoiiies could differ from ihose estimales.
There were no key judgements. The main accounting esiimates are depreciation,
gift aid dL'bior5 (ind acLruals.
17. Taxatlon
The charity is exempt from tax on income and gains falling within section 505 of
Ihc TaxLs Act 1988 or seclion 252 of ihc Taxalion ot. Char&FcablL (iains Act 1992
lo the cxtenl thai ihese are applied io its charilable objecls.
26