CHALLENGE MINISTRIES UK
FINAI¥CIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CHARITY NUMBER 1162211

CONTENTS
P•ge
Sthtem&￿t of Finallcitil A¢liviti¢8
io
B￿allC¢ Sheet
li
12-17

Challenge Minlstries UK
Reference and administrative details of the charity. its trnstses and
advisers
Trythe•
Lloyd Cheshire {re8ignal 22 March 2025)
Tim Collcll (appointed 3 July 2024)
Mark I)owdin8
Mjrk Herbert
CArri¢ Pri¢stDall (apw)itited 15 October 2025)
Glyn Willi
CbAztty R¢*tsred Number
1162211
Re*t¢red oine•
Westfield Road
HP18 9EW
IndtyeDd¢ot Examlner
Gw Brooke8 FCA B
BAnk¢r•
The Ctroptttitive Bank plc
PO Box 50
SkelmerSd￿c
WN8 6YL
Solldto
Anthony Collins. Solicito
134 Edmund Stre¢t
B3 2ES

Challenge Ministrles UK
Trnstees, report for the year ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Sllmm￿ of the purpow ofthe eh*rlty ￿ xt out ID the zovernln8 th)ellment
Th¢ objective• of the Charitable ]nWrp￿ Organis￿0￿ aps Bet out ID the Constitirtioa are. in
&￿rdance with Chri8tiati principlr4 set out ID the StatUDCQt of Faith:
the preventi¢)n on(Vor Telief of povcty andor fin2n¢ial hardship in Eswatini and such other
parts of Africa as the charity tr￿1¢¢$ may from tim¢ to time decide by Ibut not exclusively)
the construction of 1￿m¢S in local communities.
th¢ adv&ucem¢nt of education in particular (but not ¢x¢lusively) for the benefit of children
and youn8 people disadvantaged or margin￿l$ed by r¢ason of economic, 8eo8rnphi¢ or
social rircumstance in Esw4tini and suth other p8rt8 of Afri￿ as the charity tsustees may
from time to time decide by (but not limited to) the provision of scbool$, educational
facilities and apprenticeship trainin8 ¢entres" and
to PTomole and pry)iect the pbyyical and mental health of those itifeacd and affected by
HIVIAIDS in Eswatini and such other parts of Afri¢A through the provi8ion of financial
aSSiStance. Suppo￿ cducation alldpractical advic¢.
Our primary purpo8¢ 15 to rai8e to help caff for Orph￿ and vulnerable ¢hildr¢n in Eswatini.
In particular, ￿ arc bclpxng SUp￿rt Bulembw a disused mining tow￿ as il provides a commutiity
with Schools. bomes, healthwe facilities and busin¢&8es. Buleojbu h&8 & dairy. a l* a￿1
conf¢r¢nce centr¢, A bakery, 8nd other smaller 4ri¢ultswal initiative8.

Challenge Ministrles UK
Trustees, report for the year ended 31 March 2025 (continued)
providitig rebabilitatton for those living at the c¢ntre8 in a 12-month Progr￿¢. The pei>pl¢ cared for
have emotional and behaviournl PToblems. Some have b¢cn living on the streets, some bave been
abused and somc have addirtion problems. The centres provide vital for these vultthlc youn8
people.
The third strand of wotk is rurnj church planting •whi¢h we ¢All Io Community By Cornm￿1ty OCBC)
¢hurch plants. Our model is to platst a church and a schTh)l in a rural 10¢8tion. The pastor and his V41fe
will care for the 8pirttual and e4tucatioDa] needs of the wulation they serve. Some of th¢ ICBCS also
provide a home for orphans and sojno have a borehole to provide 8 much necded source of clean water
for thc I￿al community. A ¢omrnunity nurse makes routiDe visits to Cacb of the ICBCS in order to run
clinic8> providing bcalthcaTC io people oft¢n unablc to reach other healthcare faciliti¢5.
We r8ise fimds for all these projects in Eswathni throu8h regular giving and child sponsorsbip. tbzough
fundraisin8 ¢vcn¢8 alld by makuw 8rnnt applicallons. Our growth ty date has mosily ¢orne from
chwchcs And private individuals. Our intention for the ￿tUre is to increL8e In￿rne from the businc8
6¢¢tor, through increased Branl applicltionfj ond by lepcy givin8 in thlition to growin8 our ￿8￿10T
donor bas¢.
ACHIEVEMEIYTS AND PERFORMANCE
Summary of malll achleyements durln8 th¢ ye*r
compared to the pr¢vious year. We hav¢ aho conttnu¢d to incre&qe the proyamme of mission trips
with fiv¢ trip8 completed in the fmancial y¢4r compared to two in the previous fmancia] year.
TAking people to see the work of Challcn8e MiDiStri¢s on a 2-W￿ mission trip remains a kty a¢tsvity
as it IB when people s¢¢ the challenges in Eswatini and stt the inipa¢t that Challenge Miftistries ar¢
makin8 that w¢ ¢aptyJre heats. Many people b¢¢omc donors oll￿ th¢y bave been on a mission trip.
The mi88ion tripB 4150 give an oMKJrtunity for participants kn serve in Eswatsni and to crea
Bringing a cTrK)ir from Eswatini to the UK provides a great for memLKTh ty entertai￿ to
8hare their stories alld to trstify to the Irn￿ of the work of CI￿lIe￿ge Ministrics. During the year
choir tour¢d in Northern Ireland and successfully helped to ￿lse fiumls and new supportws for the
fundrnising cost4 which eDllble8 the charity to transfer most other donations in full to support the work
in Eywatini. lkning the y¢ar £306,796 (2024: £3(Ki,314) tronsferred As gr8tsts to Eqwatini.

Challenge Mlnlstrles UK
Trustees, report for the year ended 31 March 2025 (contlnued)
We Ire extremely 8rnteful to thofj¢ donor8 who continued to sUpp￿rt the cbarity on a r¢gular basis, a8
well as those who gave ooe-off donations to sw our cor¢ work of carin8 for orphaDS and
vuln¢rable children and other proje£ts to address difficulties fzced in Eswatini. In the year w¢ were
&ble to provide financial Sup￿ to four ICBC proj¢cts and to continue supporting young adults
tbrough tcrtiw education. Funds were also raised and trgAsferred to support urgent needs in Eiwatsni
iDcLudmg a disability fund to pro￿de much needed nw41ical c•r¢.
As reported last y¢or. on 13 April 2024 th¢ trusteea re￿]Y￿ kn cban8¢ the ll￿￿¢ of tbe chariry to
CI￿llenSe Ministriu UL
FINANCIAL REVIEW
Revl¢w of the ¢h•rlty'i iln*ttthl pMltk•n •t the end of the year
Totsl iocorne for th¢ ycar was £543.7CK). whith w48 Att inCf¢8sc from £461270 the previou8 year.
TotAI donation and Gift Aid inwme increased to £450,364 (2024.. £413.562) WMI additional income
was reco8nis¢d from organisin8 Mission Impact trips. The charity reco8nised incom¢ from
contribution8 of £85,755 (2023.. £43.721) a8aiLSt the costs incurred for Mission Impact trips and At thc
year end held £8,387 (2023: £31.491) towards future triw which 18 reewised 46 a creditor.
Support and fithising ¢08ts totslled £1 15,442 and was a redu¢tion of £26,635 on the pr¢vious year
trjtai, laT8ely due to lowcr overnll slaff costs relatin8 to fimdTrisiD8 followin8 a reor8anisafion of th¢
teaTn n¢ar the year of the previous fifjallcial ye4r.
The charity w&8 ablc to distnl)ute fimds of £306.796 to Eswatini dwin8 the year. Overall there wa8 an
exces8 of income over ¢xpcnth'turc for thc year of £36.334 (2024.. a d¢fi¢it of £25,898). At thc year
en￿ the tharity held tots] of £109,LIM. of which £9,137 was held in Re8trirted Funds.

Challenge Mintstrles UK
Trustees, report for the year ended 31 March 2025 (continued)
RESERVES POLICY
The trustees bave reviewed the Ch￿Ity'S reserves policy to a8Si5t in a¢hicYiD8 lon8 ternl 8tability,
¢ommeJLsuf4te with the risks li faces. particularly rclating to a 8i8nificaDt fall in income and
uncxp¢cted costs bcing incurr¢d The InLSte¢s tskc itito account the level of recurring Incon￿ it
¢xpects to rcceive to m¢<t its operntional costs. Th¢ trustees s¢¢k to hold unrt8tricted reserves in the
range of £50-70k. At the year end UDrtstricted r¢8erves weT¢ £99.867. Since thc year end* grants have
been made to Challrn8c Ministri¢s in Eswatini such that r¢%rve8 beld are within the raD8e prnvided
for in the reserves policy.
FUTURE PLANS
The tNstees plan to coniinue to develop and grow the chJrity, maititainin8 its focus on maknn8 a
diff¢rence to the lives of vUlnu￿le ¢bildr¢n in Eswatiill.
The clwity continues to improv¢ its fu0d￿illg actAvilie8 whilst ￿efullY the level of wsts
incurred Our donor relationship mana8ement system enables us to become more systemati¢ in how
w¢ grow our donor p)ol and the itivestment in our staff le￿j enables us to develop firth¢r our work
with our ambassttdors. who have a passion for CMS and the pwlc of E8watini. promoting our work in
Schools, church¢8 and businesses. In these ways we will grow a much IBrger volunteer reBourcc wl
can promotr CMS acr088 the UK. We platt to wntinue development of Mi85iOD Impacl trips and
ntinue arrllngin8 Choir fou￿ in th¢ UK to en8a8e with Current and prosmive siyrters,
demoD5tr4tsn8 the impact of ow work

Challenge Mlnlstrles UK
Trustees, report for the year ended 31 March 2025
(CODtinued)
STRucfuRE, GOVERNANCE AND MANAGEMENT
Collidtudoa
Th¢ or8aniBation is A ¢lwitable iticfjwa￿ Organisatso￿ illwrp￿ on 15 June 2015. The
organisation was e8tabli8hed uth a CODstitiMion wbich outlines th¢ obje£th and Fwwer8 of the
organisatioa and 18 a ￿81st¢red Charity (dwity nutnber 1162211).
In Gommon with CbTiStiAn based organimtions across the nation the tntste¢s have had to be mindfill of
the needs to consider the C]wity CorDmi5sion's 8uidanc¢ of assessin8 all activities in the li8ht of
publlc b¢n¢fit 80 that they ate open to Ill peopl¢ regardless of personal ciJrum8tance8 and
backgrounds.
Methoth uttd to and appolnt mew ¢h*rlty trurtee•
New trnstees are appoint￿ by a resolwion pa88¢d at a Pro￿lY ￿1vened meeting of the ch￿Lty
In 8electing indiv1th￿l6 ftr app)inttDent as cbatity trusteo th¢ ￿ntribUtIon to the 8kill8 mix Attd
balance within the board is CQDsidered Tn￿lee8 tha¢ are 4)p)inted would b¢ expected to SUp￿rt the
values of the or8ani8ation.
RISK POLICY
The bigg¢st financial risks to 8¢hievin8 the charity'8 objectives is the imp8Ct of exchange ratss and
protrction of fi]nds held. Mrncy raised in the UK would buy less in Elwatini if the st¢rling exchange
rate falls. All fimds of the ¢haTity gre held with its maiD bazkn. The trustees do not consider it
As a wbich suP￿rtS those h¢lpin8 childr¢n aud other vulnerable people ovcrsea8, the tsustees
are very mindful oftheir r¢spollsibilities for safeguatdiDg and protttting from hami those who come
Into cootact with the ¢harAty. The￿ are child protedion ￿lICIeS in pIace, cn5uring thai their wEllbeing
and safety is ensured at all times. All t￿￿1¢¢$ 4Dd staff of th¢ charity hav¢ received tr£inin8 on the
iM￿rtance of safeguarth'ng and iti the charity'$ poiicies and prwets#.

Challenge Mlntstrles UK
Trustees, report for the year ended 31 March 2025 (contlnued)
STATEMENT OF TRUSTEES, RESPONSIBLITIES
The trustees are rwuired under rharity tsw to prepare financi￿ statem¢nts for cach financial ptriod
whicb giv¢ a trne and f&ir view of the slate of affairs of the CIO aDd its results for that period. In
pr¢pATing thos¢ financial stat¢m¢nts, the trust¢cs are requir¢d to,"
Select 5uilable xcountia8 poIicies apply them consistently
M4kc judgements and estimtites that arc reasonable aDd pnjdent
Prcpare the finan¢io1 ststements on a 8oin8 concern b&sis unless it is iiiwropriate to aBSthll¢
that the clwity will ￿)ntinUe in busioeB8.
The tsw8tees 8re re8ponsi￿￿ for th¢ kew8 ofproper acc4)untin8 re￿rdS which disclo* with
reasonable ac¢wa¢y At any tim¢ the financial position of thc charity. Thcy are also ￿spOnsIble for
the 8afeguardin8 of the assets of the clwity and tsen¢¢ for tskin8 reasonthle Sty for the prevention
and detrction of fraud and other irre8ul8rities.
APPROVAL
This T¢POrt Was approvd by the tnutC¢5 5 De¢ember 2025 al￿ 8i8ned on their bclwlf
Simon Howar4 Chair

Challenge Ministries UK
for the year ended 31 March 2025
Independent Examlner's Report to the Trustees of Challenge
Mintstrie5 UK
I report to the charlty tfU5tees on my examinatk>n of the accounts of the ao for the ￿r er*ded 31 March 2025
which Is set out on pages 10 to 17.
ResponslMltleJ andbosls rfrtpwt
As the charlty trustees of the ¢ompanyyou are respM51ble for the prepar•tbon ofthe accounts In accordance wth
the requlrements of the Charltles Act 2011 (The A¢t'l
I report In respect of my examlnation of the charity's accounts 4$ urried out under sectlon 145 of the Act and In
carryln8 Oirt my examlnatlon I have followed all the appllcable Direciions 8l¥en by the Charlty Comm15sion under
sectlon 145 {51 Ibl of the l£t
Independent Exomlner's Stotement
Slnce the charlty's gross Incomè exceeded £2SO.(Wyour examlner rnust be a memberof a bothy Ilsted In sectkjn
145 of the Act. I conflnn that l •m quallfied to undertake the examlnallon because l am J member of the In5tltutt
of Chartered Accountants of E￿land and Wales. wthkh Is ¢)ne of Itsted bodles.
I have completed my examlnatlon. I confim that no rnaterlal matters have ￿me to my attentlon In ¢onnectlon
wlth the examlnatlon ilving me cause to belleve that In arry materlal respect:
the accountlni fecord5 were not keffj In Yespert of the company as requlred
by 5ectlon 130 of the ACL or
the accounts do not accord wlth those record5.' or
the accounts do not compty¥Ath the appllcable requlrements concernln8 the
f¢m and content of a￿0￿rrtS set out in the Charitles (Accounts and Reports)
Re8ulatlon$ 21x18 other than any requlrement that the accounts glve a'true
and falrview, tlknkh Is nat a matter consbdered as part of an Inde￿ndent
examln¥tlon
121
131
I have no con¢ern5 and hjve come across no other matters In ￿nneCtIOn wlth the examlnatlon to whlch thntlon
should be drawn in this report in order to enable • proper understandln8 of the accounts to be reachèd.
gned
Dat•
D￿rnbor 202S
Gary Peter Brookes
Fellow ofThe Institute of Chartered AcC￿ntants of En8larMI and Wales
130 Womboume Park
Wombourne
South Staffs
15 OLY

Challewe Mlnistrl•s UK
St•t•m•ht ofFSn•nclal A(tlblt5es
forthe￿￿endedJ1 M￿h1O25
P**rtrted
Funds
2025
iknr¢strfrted
ToLyl F￿dI
Totsl Funth
2015
1025
2014
lftcom• from:
Donations
51.587
398,777
92.666
670
492,113
450,364
92.666
670
543.700
413,562
47.708
CharltiblektlNltle5
Intwe5t
Tot4 Incom•
51,587
461 270
EYp•ndttur• on:
Charltablektlvltle5
Ral4nifvnds
T•tsl Exp•ndltu¥•
45.525
427,746
34,095
461.841
473,271
34,095
507.366
431,691
45.525
487 168
N•1 IEvp•ndltur•)nncom•
6,062
30.272
36,334
25,898
R•co￿lI1•110noIlJnds
Total fvnds brouAht forward l 4irll
Totil fundscarrled fDrward 31 M¥ch
3.075
9,137
69.595
99,867
72,670
109.004
98,568
72,670
io

th•llw• hlfitslrfe5 UK
5h*et
As¥t31 March 2015
2•25
2Q24
Cash It barbk anLI In h*
107.3
Jo
120fv58
107.386
d,716J
J.004
R•trlct•d Funds
Unr•stfktqd Ftshds
io
io
9,137
99167
3P75
69595
Total Funds
71,670
T￿An￿(la￿tat￿ne￿swtttr•￿￿0I•1 bythèfrudttson S Oectth2025 on
th•lf bthllf bw.
b*AACW4F44S..
Trusto•
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12

O#ll•ry• Mnlstrl•s UK
*>rth•y•x•n4•d31 M¥thioz5
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spttinodJ¥b*eorotstput.
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tripspl¥thql fty •fttrthtywemdhwfftoi b•w I*0￿15*4 as
In¢om•tOtho•xtthtofcontributk+nsry•￿4 ts¢otsolcoxtsSn¢urr•d up ts)thé wvd.asth•wamoufits
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13

Challewe ￿nI$ll1e$ UK
Notestoth• Kcounts
forthe ￿•r ended 31 Mxch 2025
Nol• 4 Dan*laM
N•Arfrted Unffestrlrt•d
Funds
Fundi
R•rtrfrt•d Ihwe*trlct•d
Funds
Fundi
Totsl
1025
20Z5
2025
2024
2024
2024
Chlld Sponsorshlp
Donatlonsand glfts
GIftWd
TOTAL
100.336
264.269
100,336
306.077
43,951
450.364
96.977
96,977
249.854
299,811
15.287
16,774
362,118 41J.562
41,80B
9,779
51.587
49,957
1.487
51.444
391.777
Not• S Ch¥ltabl• thilbltl•s
Unl•￿￿(ted
Fun
Unr•strfct•d
Fundi
2025
2024
Ev*)ts
MIMlon Impact
6.911
85.755
92,666
3,987
43,721
47,708
14

Challe￿* Mlnlstries UK
Plotestothi K¢ounts
fDrth¢Jr¥ended31 March 2025
pknt• 6 Ch•rltabl• Artlbilles
R•*trfrt•d Unr•%trf¢t•d
Fynds
Funds
2021
2024
Funds
Z015
Fund5
2025
Totsl
1025
Z014
FundstranS1*rf￿ to Swabland
Edu¢atlon fees pald
M1551on Impact
ShSppln8costs
Support Costs (Note 81
TOTAL
37.795
269,(Kll
670
75.109
4.730
78,236
427.746
306.796
670
79.728
4.730
81,347
473.271
55.215
245.099 300,314
220
220
36.640
36.640
7.917
7,917
84,765
86,600
374,641 451,691
4.619
3.111
45.525
1,835
57.050
Not• 7 Exp•ndllur• on r•ll￿￿ndS
R•Arfrt•d lknr•*rfrt•d
Funds
2025
Totsl
R•*lct•d Unr•thlrt•d
Fundj
Funds
1024
2024
Tot•1
1025
20
2024
Staff ¢oJt>
Marketlngand evffjtcosts
TOTAL
28.403
5.692
34,095
28.403
5,692
34.095
47.211
47,211
8,266
55A77
55.477
Not• B &Jpwl
1025
2024
Staff costs
omcecosts
Travel and ¥¢ommodttion costs
ITConsultancv
IT¢05ts
Governancecosts
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67,227
3,343
1,772
4.085
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67,251
4.590
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34,716
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1.286
10.893
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37.795
269,001
306.796
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69.595
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9.137
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