THE ETHIOPIAN CHRISTIAN FELLOWSHIP {UKI
(A charitable Company limited by guarantee)
REGISTERED CHARITY NUMBER..
1163673
COMPANY REGISTRATTION NUMBER.. 9653290
REPORT OF THE TRUSTEES
AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2025

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Report ol the Trustees
for the Year Ended 31 March 2025
Contents
Page
Report of the Trustees
2107
Report of the Independent Examiner
Slalemenl of Financial Activities
Balance Sheet
10
Notes forming part of the financial statements
1110 17
Page l of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Report ol the Trustees
lor the Year Ended 31 March 2025
The Iruslees, who are also directors of the charity for the purposes of the Companies Act 2006, present their
annual report with the financial slalemenls ol the charity for the Yeai Ended 31 March 2025. The charity is
referred to as 'The Ethiopian Christs'an Fellowship IUKI or ECFC.
The financial statements have been prepared in accordance with the accounting policies sel out in n(>le 110
the financial slalemenls and comply with the Charities Act 2011 and 'Accounling and Reporting by Charities:
Statement of Recommended Practice applicab￿ to charities preparing their accounts in accordan￿ with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, las amended for
accounting periods commencing 1 January 20161.
REFERENCE AND ADMINISTRATIVE INFORMATION
Charity Name: The Ethiopian Christian Fellowship (UK) OT ECFC
Registered Charity Number
1163763
Regisiergd Company Number 9653290
Prlnclpal address
178 King's Cross Road
London
WC1X9DE
TrusteeslDire¢tors
G Wolde Yohannes
L Kidane
R Roma
M Asfaw
Z Abegaz
A Seyoum-zerfe
A Shiferaw
Ichairl
Isecretaryl
IRelired March 20251
IRelired March 20251
Independent Exami￿[
Emmanuel Ernest & Co
Chartered Certified AcGountants
& Business Advisors
92 Cranbrook Road
London
SE8 4EJ
Bankers
National Weslminsler Bank PIC
Tavislock Square Branch
Tavislock House
Tavislock Square
London
WC1H 9JA
Page2 of 17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Report ol the Trustees - conlirlued
lor the Year ErKled 31 March 2025
GOVERNING DOCUMENT
The charity is a company limited by guarantee and incorporated on 23 June 2015 and registered as a charity
on 27 September 2015. Th8 company is estsblished under a Memorandum of Association which established
the objectives and ptswers of the charitable company and is govemed under its Articles of Association. In the
event of the company being wound up, the subscriber members are required lo coniribule an amount not
exceeding £1 each towards the payrnenl of liabilities the charitable company incurs.
THE PRINCIPAL ACTNITIES..
a. POLICIES AND OBJECTIVES
The principal objects ol The Ethiopian Christian Fellowship IUKI are the advancement of the Christian faith
woddwide and education advancement of the members as well as providing help lo the aged, poor, sick
homeless and disabled.
b. STRATEGIES FOR ACHIEVING OBJECTIVES
The charity has adopted the ftsllowing strategies for achieving the above objectives..
establishment of a church within the UK-
organisalion of conferences and events with relevanl speakers and ministers of the faith lo guide and
inspire.,
adminislrats've support for likeminded Charities and Christian events,.
and financial support for like-minded Charities and Mission Agenaes in the UK and overseas.
c. ACTIVITIES FOR ACHIEVING OBJECTIVES
We carry out various missionary activities such as..
Community outreach
Provision of resources to support and collaboration with other similar independent Chu￿heS in the
UK and Overseas
Organising, supporting arld resourcing local and global Christian mission as well as other positive
charitable initiatives, including the organisalion of Conferences, Events and Training which are sel to
act as a pivotal calalysl to the advancement ol Christian faith.
Prowsion of welfare support lo members.
d. PUBLIC BENEFIT STATEMENT
The Board of Trustees confirm that they have mel their duties in strict compliance with the provisions of section
4 and 17 of the Charities A¢1 2011, and have had due regards to the Charity Commission's general guidance
on public benefit. Particular Consideration has been given lo the Charity Commission's supplementary public
guidance provisions on the advancement of religion for the public knefil.
PERFORMANCE AND ACHIPIEMENTS
Throughout the year. as church community we have engaged in various activits'es io fulfil our objectives,
including..
Sunday Setvices.. This year Sunday service attendance averaged al 250 members and wsilors. In
addition, 1000 people attend online services each Sunday. As a church we continue lo have special
conferences over the year including Easter conference held during Holy Week, annual summer
conference and New Year crossover conference. Guest speakers and ministers are invited lo these
conferences and attra¢l a large number of allendees from across London and the surrounding area.
Home Bible Study groups.. continue lo meet weekty for organised Bible study and prayer session,
both virtually and in-person, across various homes and locations around London
Children's Ministry.. continue lo provide specific programs for children lo nurture their spiriiual
groth, including Sunday School and days out during school holidays. Sunday school ministy
continues lo grow and thrive wlh attendance averaging 120 per Sunday.
Page3 of17

THE ETHIOPIAN CHRISTEAN FELLOWSHIP IUKI
Report of the Trustees- continued
for the Year Ended 31 March 2025
Youth Ministry.. continues lo be a strong and vibrant departhenl within the church. On average over
75 young people attend the services each Sunday, this number increases during holidays. Youth
mid-week virtual Bible study has ctsnlinued throughout the year. Several youth socials are held
throughout the year including weekend retreats and camping.
Community Outreach.. we ctsnlinue lo engage in outreach programs aimed al supporting the local
horneless community around King's Cros5 by opening our doors and making food, showers, and
clothes available for those who need it. So lar, we
have attracted a good number from the targeted people attending this programme. We vill liaise
with the local Social Services lo continue with this programme in a larye scale for the coming years.
We have also been working with Ethiopian and Eritrean itntnigranls and refugees in the UK. This includes
the provision of counselling and social support to disadvantaged members of this communty regardless of
religious persuasion, sexual orienlalion, gender, or ethnic background. Our outreach wo¥k has alliacled a
good number from the various target groups. Going fc>rward this wll require expanding and slrenglhening by
liaising with other similar charities and local government organisalions lo continue with this programme for
the coming years.
Charitable Support.. we continue to support charilable inilialives in Ethiopia and Eritrea, including
providing relief lo the poor, sick, disabled, homeless, orphans, and disadvantaged through
contributions lo compassionate causes and supporting victs'ms of natural.
VOLUNTEERS
ECFC is grateful for unreserved efforts of ils metllbers who voluntsrily are involved in semce provision. The
vast majority of the members volunteer their skills and b'me to provide diverse services regularly investing
innumerable hours and unquantifiable efforts.11 is estimated that over I,￿0 volunteer hours were provided
during the year. If this is conservab'voly valued al £10 an hour (living wage). the vdunleer effort amounts lo
over £10,000.
INVESTMENT POLICY AND PERFORMANCE
As far as possible, funds will be retained in interest bearing accounts. The Board of Trustees would explore
safe investment strategies lo ensure better relums.
FINANCIAL REVIEW
The charity's total incotlle was £320,682 and was in line with expectation. The lolal charitable expenditure was
£222,405. Nel income over expenditure was £98,277.
RESERVE POLICY
The Board ol Trustees have established a policy whereby the unrestricted funds not committed or invested by
the charitable company should be 3 and 6 rnonlhs of annual expenditure. Al this level, the Board of Trustees
holds the view that they would be able lo continue the current aGlivilies of the charitable company in the event
of a significant drop in funding. The Board of Trustees periodically reviews its reserve policy lo be in the light
of the wider strategic future plans. This is lo ensure thalthe level ol the reserve we hold are not only appropriate
to our current position and annual expenditure bul also taking into full cognisance what our lulure strategic
plans are.
Page4 of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Repott of the Tru51ees - continLJed
for the Year Ended 31 March 2025
PRINCIPAL FUNDING
This is provided mainly through contributions and donations from members.
STRUCTURE. GOVERNANCE AND MANAGEMENT
ORGANISATION STRUCTURE
ECFC currently has a Trustees Board who meet on a quartedy basis and are restx)nsible for the strategic
direclK)n and policy of the charty.
METHOD OF APPOINTMENT OR ELECTION OF BOARD OF TRUSTEES
The management of the Charitable company is the iesponsibility ol the Board of Tiuslees who are appointment
and Coryoptsd under the terms of the Artic￿5 ol Association. The directors of the company are also charty
Iruslees for the purpose of charity law. Under the requirement of the Memorandum and Article of Association
the members ol the Iruslees are elected lo serve for a term ol three years after which they musl be rethelected
al the next Annual General Meeting.
SCHEME OF DELEGATION..
Day lo day responsibility lor the day-to4ay management of the implemenlalion of strategy approved
by the Trustees Board in particular the spiritual side of ECFC'S operation is delegated lo the Elders,
Board, whose members are elected by the members ol ECFC. The Elders Board reports lo the
Trustees, Board on a half yearty basis.
There is a part.ts'me Adtllinistrator, who manages the day-to.day administral'on.
POLICIES ADOPTED FOR THE INDUCTION AND TRAINING OF BOARD OF TRUSTEES
Newly appointed Iruslees are provided with a Trus18eship pack outlining the role and responsibilities of the
Trustees and ECFC'S working slruclure. The induction process lor a nevAy elected member of the Trustees
comprises an initial meeting with other Trustees, followed by a series of short meetings with the Elders and
the Pasltsrs as well as encouraging the new Iruslees lo attend a series of short training session by a
professional on Irusleeship powers and responsibilities. A Trustees Induction Pack is provided to the Trustees,
which includes the charitable company s goveming docutllenls, excerpts from the Charity Commission
Guidelines such as Dac CC3 and Cl. i.e., the Essential Trustee.. what you need lo Know and the Trustees
Expenses and Payment periodically, the trustees will be registered lo different training events, conferen￿$
and seminars lo further enhance their govemance skills. This wll enable strict cornpliance to relevant
regulations and enhance the safety of the trust bestowed on them by the public. The Trustees are constandy
updated wlh resourTrs containing articles written by various experts in the charity sector. These articles cover
areas such as Board meetings, adequate record keeping and managem8nl ofthe charitable company s assets.
PAY POLICY FOR SENIOR STAFF
The Imslees consider the board of Iruslees, the board of elders, the finance manager and the administrator
as comprising the key management personnel (senior staffj of the charity in charge of directing and
controlling the charitable company and running and operating the charitable company on a day-lo-day basis.
All trustees and elders and the finance manager give their time Ireety and no remuneration was paid in the
year. Details of Iruslee expenses and related paty transactions are disclosed in notes 7 to the finanoal
statement
Trustees are required to disclose all relevant interest and register them with the adrninislralor. In accordance
with the Trust's policy, the trustee withdraws from the deci&on where a conflict of interest arises.
Page5of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Report of the Trustees- conlinLJed
for the Year Ended 31 March 2025
RISK MANAGEMENT
The Trustees have assumed a default risk evaluation approach lo identify and assess risk, then develop
strategies by which rt can be managed. This default approach is generically laibred lo spotting the risks.
assessing the risks and solving the risks. The Trustees are satisfied that the systems in place are sufficient lo
miligale ils exposure lo major nsks and swiftly assimilate the significance of new risks. The Trustees have
IherefDre assessed the major risks lo which th8 charity is exposed, in particular those rekling lo the specific
operational areas of the charity and ils finances. The Trustees believe that by monitoring reserve levels,
ensuring controls exist over key financial systems and by examining the operational and bLJsiness risks faced
by the charity, they have established effective systems to mittgale those risks.
FUTURE DEVELOPMENTS
The charity plans continuing the activities outlined above in the forthcoming years. Plans are also being
developed to work on a number of schemes with local churches and charitable cirganisalions for spreading the
Gospel and heSping the local community including training projects on mentoring schemes which il is hoped
will lead lo long-lemi community outreach.
PENSION FUND
ECFC operates a Defined Contribution Pension Scherne for ils staff. The scheme is available lo all staff who
wishes lo join. The employer and employee contribution lo the scheme is 7 10 and 3.10 respectively ol
employee's gross salary. During the year the employer contribution was £996.
PERSONS WITH SIGNIFICANT CONTROL REGISTER
Further lo the provisions ol Part 21A ol the Cornpanies Act 2006 relating lo individuals with significant control
over the Chanlable Company andlor relevant legal enlib'es IRLEsl with significant control.
The Charitable Company knDWS or has reasonable cause lo believe that there is no registrable person or
registrable legal entity in relation lo the ￿Mpany.
Page6of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Report of the Trustees continued
for the Year Ended 31 March 2025
RESPONSIBILITIES OF THE TRUSTEES
DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
In so far as the trustees are aware..
there is no relevant information of which ECFC'S Indepe￿Ien1 Examiner are unaware., and
As the Ituslees of the charity, we have taken all steps they ought lo have taken lo make them aware
of any relevant information and to establish that the Independent Examiner are aware of that
information.
RESPONSOBILITIES OF TRUSTEES
The law applicable lo charities in England and Wales, the Charities Act 2011, Charity IAccounls and Reportsl
Regulab'ons 2008 and the provisions of the Injsl deed requires the trustees lo prepare financial stalernenls for
each financial year which give a true and fair view of the slate of affairs of the charity and of the incoming
resources and application of resOUr￿s, including the income and expenditure of the charity lor that Year. In
preparing those financial stalemenls, the Iruslees are required to
select suitable accounting policies and then apply them consislenlly.,
observe the methods and principles in the Charity SORP.,
make judgements and estimates that are reasonable and prudent.,
prepare the financial slalemenls on the going concern basis unkss il is not appropriate to assume that the
company will continue that basis.
The Tnjstees are responsible lor maintaining proper accounting records which disclose with reasonable
accuracy the financial position of the charity al any lime and lo enable them lo ensure that the financial
statements comply with the Charities Act 2011, the Charity IAccounts and Reports) Regulations 2008 and the
provisions of the trust deed. They are alsc> responsible for safeguarding the assets of the charity and hence
lor taking reasonable steps for the prevention and detection of fraud and other irregularities
SMALL COMPANY PROVISON
This report has been prepared in a¢¢ordance with the special provision for small companies under Part 15 of
the Companies Act 2006.
Approved by the Board of Trustees on 18 September 2025, and signed on its behalf by..
G Wolde Yohannes (Chair of Board of Trustee)
Page7of17

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES ON THE ACCOUNTS OF
THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI FOR THE YEAR ENDED 31 MARCH 2025
Respective responsibilities of trustees and examiner
The Iruslees (who are also the directors ol the company for the purposes of company lawl
are responsible for the preparation ol the ￿coUnts in accordan￿ Tmlh the requirements of
the Companies Act 20061.lhe 2006 Acr'i.
The charity's Iruslees consider that an audit is not required for this year under Part 16 of
the 2006 Act and that an independent examination is lleeded. The charity's gross income
exceeded £250,000 and l am qualified lo undertake the examination by being a qualffied
Member ol The Chartered Association of Certified Accounlanls.
11 is my responsibility lo..
examine the accounts under section 145 01 the Act,
lo follow the procedures laid down in the general DirectKJns given by the Charity
Comrnission (under section 14515llbl of the Charities Act, and
lo slate whether particular matters have come lo my attent￿n
Basis of independent examiner's statement
My examination was carried out in accordance with general Directions given by the Charity
Commission. An examination includes a review ol the &counling records kept by the
charity and a Gomparison ol Ihe &counts piesenled with those records. 11 also includes
considerat￿n of any unusual items or discbsures in the accounts, and seeking
explanations from the Iruslees concerning any such matters. The procedures undertaken
do not provide all the evidence that would be required in an audit, and consequently no
opinion is given as lo whether the accounts present a'lrue and lair, view and the report is
limited lo those mallers sel out in the slalemenl below.
Independent examlner's statement
In connection with my examination, no material fflatters have corne lo my attention whlch
gives me cause lo believe that in, any material reswl".
accounting records were not kept in accordance with sect￿n 386 of the Companies Act
2006,. or
. the accounts do not accord with such records,. or
the accounts do not comply with ielevanl ￿COL1n1Ing requirements under section 396 of
the Companies Act 2006 other than any requirement that the accounts give a'liue and fairf
view which is not a matter consKlered as part of an independent examination,. Dr
.Ihe accounts have not been prepared in acLordance with the Charities SORP IFRS1021.
I have no concems and have come ￿rosS no olkEr matters in conneclKJn with the
examination lo which attention should be drawn in this report in order lo enab￿ a proper
understanding of the accounts lo be reached
Emmanuel Oduro Aluah
Emmanuel Ernest &
Chartered Certified Account
& Business Advisor
92 Cianbrook Roa, London
SE8 4EJ
Is
Date: 18th September 2025
Pa¥e8of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Stalement of Financial Activities
for the Year Ended 31 Mar¢h 2025
2Q25
Unrestri¢ted
Funds
2024
Total
Funds
Notes
Incoming resources
Charitable adivities
Other trading activities
Invesltllent income
Total Income
287,828
24,623
8,231
320,682
248,300
25,635
6,820
280,755
Resource$ expended
Charitable activities..
Direct charitable activities
Govemance expenditure
Total expenditure
1218,9081
3,497
1222,4051
1226,0221
2,045
1228,0671
Net incomè {expenditure
98,277
52,688
Total funds brought lorward 01 April
2024
2,321,501
2.268,813
Total Funds carrièd foNiard AT
31 March 2025
12
2,419,778
2.321,501
The notes from pages 11 to 17 form part ol these financial statements
Page9of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUK)
Balance Sheet
As At 31 March 2025
2025
Notes Unr•slri¢ted
Funds
2024
Total
Funds
Fixed Assets
Tangible assets
1,￿3,788
1,608,617
Current Assets
Debtors.. amounts falling due within
one year
Cash at bank and in hand
10
59,364
42,222
800,144
859,508
675,363
717,585
Creditors.. amounts falling due within
one year
Net Current Assets
11
13,518)
14.7011
855,990
712,884
Nèt Assets
2,419,778
2,232,501
Funds..
Unrestricted funds
General
12
2,419,778
2.321,501
Total Funds
2419778
2,321,501
The company was entiued lo exemption from audit under 5477 of the Companies Act 2006 reLaling to
small companies.
The members have not required the company lo obtsin an audit in accordance with section 476 of the
Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies
Act with respect lo accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies
subject lo the small companies, regime and in accordance wth FRS102 SORP.
The financial slalemenls were approved by the Board of Trustees on 18 September 2025 and were
signed on its behalf by..
G Wolde Yohannes -
Chair
L Kidane
Secretary
The notes from pages 1110 17 form part of these financial statements
Page IOof17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
1.1 Basis ol preparation of financial statements
The financial statements have been prepared under the historical cost convention with items recognised
al Cost or transaction value unless otherwise slated in the relevant nolelsl lo these accounts, and in
a￿ordanCe with Accounting and Reporting by Charities". Statement ol R8cofflmended Practice applicabl8
lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in
the UK and Republic ol Ireland IFRS 1021 las amended for accounting period commencing 1 January
20161- (Charities SORP IFRS10211, the Finanual Reporting Standard applicable in the UK and Republic
of Ireland IFRS 10218nd the Companies Act 2006.. and the Charities Act 2011.
The Ethiopian Chrisb'an Fellowship IUKI conslilutes a public benefrt entity as defined by FRS 102. Assets
and liabilities are initially recognised al historical cost or transaction value unless otherwise stsled in the
relevant accounting policy.
1.2 Changes of accounting policy
The accounts present a true and fair view, and no changes have been rnade lo the accounting policies
adopted in note.
1.3 Change to accounting estimates
No changes lo accounting estimates have occurred in the reporting period.
1.4 Company status
The charitable company is a company limited by guarantee. The members ol the company a￿ the Board
of Trustees named on page 2. In the event of the charitable company being wound up. the liability in
respect of the guarantee is limited to £10 per member of the charitable company.
1.5 Fund aciX)unling
General funds are unrestricted funds which are available for use atthe discretion ol the Board of Trustees
in furtheiance of the general objectives of the charitable company and which have not been designated
for other purposes.
Where there are designated funds, il comprises unreslricled funds that have been sel aside by the Board
of Trustees for purposes. The aim and use of designated individual fund is sel wl in the notes lo the
financial slalemenls.
Where there are reslricled funds, it would be funds which are lo be used in accordance with specific
restriclK)ns imposed by donors or which have been raised by the charitable cotllpany for particular
purposes. The costs ol raising and administering such funds ale charged against the specific fund. The
aim and use of each reslricled fund is sel out in the notes to the financial stslernenls.
1.6 Going concem
The charity's forecast and projection show that Trustees have a reasonable expectation that the charity
has adequate resources lo colllinue in operational exislence lor the foreseeable future. The Iruslees
Consider that there are no tnalerial uncertainties about the charities ability lo conh'nue as a going concem.
The charity the￿fore continues lo adopt the going concem basis in preparing its financial statements.
Page 11 of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes lo the Financial Statements- continued
for the Year Ended 31 March 2025
1.7 Incoming resources
Income is recognised once the charitable company has entitlement to the incotlle, il is probable that the
incom8 will be received, and the amount of income reTrivabk can be measured reliably.
Income lax rectsverable in relab'on lo donations received under Grft Aid or deeds of covenanl is recognised
al the lime of the donation.
1.8 Resources expended
Expenditure ￿ recognised oncè there is a ￿gaI or constrLJCtive oblgation to transfer economic benefit to
a third party, il is probable that a transfer of economic benefits will be required in settlement, and the
amount of the obligation can be measured reliably. Expenditure is classified by adivity. The costs ol each
acts'vity are made up of the total of direct costs and shared costs, including support costs involved in
undertaking each activity. Direct costs attributable lo a single activity are allocated directly to that activity.
Shaied costs which contribute lo more than one activity and support wsls which are nDI attributable lo a
single activity are apportioned beiween those activities on a basis consislenl wlh the use of resources.
Central staff costs are allocated on the basis ol lime spent, and depreciation charges allocated on the
portion of the asset's use.
Support costs are those costs incurred directly in support of expenditure on the objects of the charitable
company. Governance costs are those incurred in connection with adminislralion of the charitable
company and compliance with constitutional and stalulory requirernenls.
Charitable activities and Governance costs are costs incurred on the church's operali()ns, including
support costs and costs relating lo the govemance ol the church apportioned to charitsble aclivilies.
1.9 Tangible fixed assets and depreciation
AJI assets costing more than £500 are capitalised if they can be used for more than one year.
Tangible fixed assets are carried al cost. nel of depreciation and any provision for irnpairmenl.
Depreciation is not charged on freehold land. DeprecialK)n is provided al rates calculated lo write off the
Cost of fixed assets, less their eslimaled residual value. over their expected useful lives on the followng
bases..
Freehold property
Building irnprovements
Fixtures, fittings, and equipment
Musical Instruments
- 2Yo on cost
1010 on cost
20¥0 on cost
1.10 Interest receivable
Interest on funds held on deposit is included when receivab￿ and the amount can be measured reliably
by the charitable company, this is normally upon nolificalion of the interest paid or payable by the Bank.
1.11 Taxation
As a registered charty. ECFC is exempl from tax on incorne and gains falling within section 505 of the
Taxes Act 1988 or s256 ofthe Taxation ofchaigeablg Gains Act19921o the exlenl that these are applied
lo its charitable objects. No lax charges have arisen in the Charty
1.12 Leasing and hire purchase
Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets.
Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives.
Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where
subslanlially all of the benefits and risks of ownership are assumed by thè charitable
Page 12 of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes lo the Financial Slalements conb'nued
for the Year Ended 31 March 2025
company. Obligations undersuch agreements are induded in creditors net of the ffinance char9e allocated
lo future perh)ds. The finance element of the rental payment is charged to the Slalemenl of financial
acts'vilies incorporating incorne and expenditure account so as lo produce a conslanl periodic rale of
charge on the nel obligation outstanding in each period.
1.13 Debtots
Trade and other debtors are recognised al the settlement amount after any trade discount offered.
Prepayments are valued al the amount prepaid net of any trade discounts due.
1.14 Cash al Bank and in hand
Cash al bank and in hand includes cash and short lem highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening ol the deposit or similar account.
1.15 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balance Sheet dale as a result of a past
event, il is probable that a transfer of economic benefit will be required in settlement, and the amount of
the setdemenl can be estimated reliably. Liabilities are recognised al the amount that the charitable
company anticipates il will pay lo settle the debt 01 the amount il has received as advanced payments
for the goods or services il musl provide. Provisions are measured al the best estimate of the amounts
required to setue the obligab"on. Where the effect of the lime value of money is material, the provision is
based on the present value of those amounts, discounted al the pre-tax discount rale that reflects the
risks specific lo the liability. The unwinding ol the discount is recognised within interest payable and
similar charges.
1.16 Financial instruments
The charitable company only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value and
subsequently measured al their settlement value with the eXcept￿On of bank loans which are
subsequently measured al amorts'sed cost using the effective interest method.
1.17 Pensions
The charitable company operates a d8fined contribution pension scheme, and the pension charge
represents the arnounts payable by the charitable company lo the fund in respect of the year.
2. DONATIONS
2025
2024
Tithes and offerings
Gift Aid
242.831
44.997
287,828
215,510
32,790
248,300
3. OTHER TRADING ACTIVITIES
2025
2024
Lelling income
Other income
24623
21,000
4,635
25.635
24,623
Page 13 of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes lo the Financial Statements continued
for the Year Ended 31 March 2025
4. INVESTMENT INCOME
2025
2024
Interest receivable
6.820
6.820
8,231
5. CHARITABLE ACTIVITIES
2Q25
2024
Dlrect charitable activities
Basis of
allocation
Dlrect expenditure
Wages and Salaries
Social security costs
Pension costs
Rent and Hall hire
Chiklren, Teens, atMI Adu￿ Youth
Donation & gifts
Other ministry expenditures
Staff costs
Staff costs
Staff costs
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
27,834
2,586
1,948
19,638
17.182
6.377
1,447
21,057
3.859
7,890
io
3,287
113,115
26,837
1,879
16,382
31,657
3,100
3,897
13,028
5,805
10,652
Events and retreats
Cleaning
Travel
Sundry expenses
Sub total
10,993
124,294
Basis of
allocation
2025
2024
Other support expenditure
Wages and salaries
Social security costs
Pension costs
Repair and maintenance
Insurance and safely
Bank charges
Printing & stationery
Postage, Telephone, faxes & internel
Trade wasle collection fees
Sundry expenses
Depreciation
Fixed assets wrile-offs
Sub total
Staff costs
Staff costs
Staff costs
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
Actual
16,352
1,001
1,145
23,084
4,984
1477
855
1,367
735
4,326
51,565
2,399
109,290
15,876
18,297
4,672
1.160
1.190
3.332
425
1,895
52,834
936
101,728
Total Charitable expendlture
222,405
226,022
Page 14 of17

THE ETHIOPIAN CHWSTIAN FELLOWSHIP IUKI
Notes lo the Financial Slalemenls- conlinued
lor the Year Ended 31 March 2025
6. GOVERNANCE
2025
2024
Trustees. meeting costs
Other
Independent examiner's lees
295
1,702
1,500
295
1,750
3,497
2,045
7. TRUSTEES, REMUNERATION AND BENEFITS
During the year, no 8oard cil Trustees received any remuneration.
During the year, no Board ol Trustees received any benefits in kind.
During the year, no member of the Board ol Trustees received reimbursement for travel expense.
. STAFF COSTS
2025
2024
Wages and salaries
Social security costa
Pension costs
44,186
3,587
3,093
50.886
42,713
2,990
45,703
The aveiage rnonlhly number of employees during the Year was as follows..
2025
2024
Pastoral staff
Adminislralive staff
None of the employees re￿iVed rernuneralion amounting 10 more than £60,(XJO.
Page 15 of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes lo the Financial Statements- continued
lor the Year Ended 31 March 2025
9. TANGIBLE FIXED ASSETS
Freehold
property
Building
improvement
Fixtures,
fittings,
and
equipment
Musical
equipment
Total
COST
Additions in year
Disposals
1,826,403
100,340
7.228
5,859
34,197
876
18,712}
1,968,168
6,735
18.7121
Al 31 March 2025 1,826,403
100,340
13,087
1966 191
DEPRECIATION
Charge for year
Disposal
292,220
36,528
30,204
12,496
3,804
2,147
33,323
393
18,7121
359,551
51,565
18,7121
Al 31 March 2025
328,748
42,700
5,951
25,005
402,404
NET BOOK
VALUE
At 31 March
2025
1,497 655
1,357
1,563 788
Al 31 March 2024 1,534,183
70,136
3,424
874
1.608,617
10. DEBTORS: AMOU1￿s FALUNG DUE WITHIN ONE YEAR
2025
2024
Prepayments
Tax Receivable
Other debtors
14,174
44,997
193
59,364
40,120
2,102
42,222
11. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR
2025
2024
Other creditors
Accruals
570
2,948
3,S18
577
3,131
4,701
Page 16of17

THE ETHIOPIAN CHRISTIAN FELLOWSHIP IUKI
Notes lo the Financial Sialements continued
for the Year Ended 31 March 2025
12. STATEMENT OF FUNDS
Brought
Forward
Income
Expenditure
Carrled
Forward
Unrestricted fvnds
General fund
2,321,501
320,682
{222,4051
2,419,778
TOTAL FUNDS
2,321,501
320,655
223,706
2419778
13.ANALYSIS OF FUNDS
2025
2024
Unrestricted
funds
Unrestricted
funds
Tangible fixed assets
Debtors
Cash 81 bank
1,563,788
59,364
800,144
1,608,617
42,222
675,363
Creditors
TOTAL FUNDS
3,518
2,419,778
4,701
2,321,501
14. PENSION COMMITMENT
There are no pension commilmenls. The church operates a defined contribution scheme for its
employees. The pension costs charge represents th8 contribution paid by ECFC to the fund and
amounted to £3,093. The amount oulslanding al the end of the year was £NIL.
15. RELATED PARTY TRANSACTIONS
There were no transactions with related parts'es.
Page 17of17