## **THE PARLIAMENTARY CHRISTIAN TRUST**
**TRUSTEES' REPORT AND**
## **FINANCIAL STATEMENTS**
**FOR THE SEVENTEEN MONTHS ENDED**
**31 AUGUST 2024**
## **THE PARLIAMENTARY CHRISTIAN TRUST**
(Incorporating Christians in Parliament,
the National Parliamentary Prayer Breakfast and Christians in Politics)
||Page|
|---|---|
|Trustees’ Annual Report:|3|
|Administrative details|3|
|Objectives and activities|4|
|Public benefit statement|4|
|Achievements and performance:|5|
|• Christians in Parliament|5|
|• National Parliamentary Prayer Breakfast|6|
|• Christians in Politics|7|
|Financial Review|9|
|Reserves policy|9|
|Future plans|10|
|Statement of Trustees’ responsibilities|10|
|Independent Examiner’s Report|11|
|Receipts and Payments Account|12–13|
|Statement of Assets and Liabilities|14|
|Notes to the Accounts|15|
|Christians in Parliament – Receipts and Payments Account|16|
|National Parliamentary Prayer Breakfast – Receipts and Payments Account|17|
|Christians in Politics – Receipts and Payments Account|18|
2
## **TRUSTEES’ ANNUAL REPORT FOR PARLIAMENTARY CHRISTIAN TRUST**
The Trustees present their report and accounts for the period ended 31 August 2024. In order to match regular cycles for funding and for the work of the Trust, the financial year end has been changed from 31 March to 31 August, and therefore this report covers seventeen months from April 2023 to August 2024.
## **Administrative details**
The Trustees serving during the reporting period and the succeding year were:
Sir Gary Streeter (Chair) Mrs Eve Burt MBE Rt Hon Sir Jeffrey Donaldson MP (resigned 29 April 2025) Ruth Jones MP (appointed 6 May 2025) Tim Farron MP Rachael Maskell MP (appointed 6 May 2025) Rt Hon Baroness Nicky Morgan of Cotes PC Rev Baroness Maeve Sherlock of Durham OBE (resigned 22 July 2024) Rt Hon Sir Stephen Timms MP (resigned 24 July 2024)
The day to day management of the Charity is conducted by the **Trust Administrators** : Mrs Claire Newman, Room 484, Portcullis House, House of Commons, London SW1A 2LW Mr Neville Reid, 19 Mills Grove, London E14 0RH
## **Charity office:**
Room 484, Portcullis House, House of Commons, London SW1A 2LW
## **Websites:**
https://www.christiansinparliament.org.uk https://www.christiansinpolitics.org.uk
## **Bankers:**
Barclays Bank Plc, Westminster Branch, 2 Victoria Street, London SW1H 0ND
## **Independent Examiner:**
Sylvia Lambden, Calculus Accountants, 5 Priory Road, Loughton IG10 1AF
## **Structure:**
The Parliamentary Christian Trust began as the Parliamentary Christian Fellowship Trust, which was established by Trust Deed in 1989 (registered charity number 801739). In 2017 this was converted to a Charitable Incorporated Organisation (charity number 1168573).
3
## **Objectives and activities**
The object of the Charity (PCT) is the promotion of the Christian faith, and in particular to advance Christian teaching among those working in the Houses of Parliament and elsewhere in the political life of the nation.
To achieve this object, the Parliamentary Christian Trust supports the activities of the following three projects.
**Christians in Parliament (CiP)** is an All Party Parliamentary Group (APPG). CiP works to support all Members and staff in their work in the Houses of Parliament.
The **National Parliamentary Prayer Breakfast (NPPB)** is an annual event which brings together over 700 MPs, Peers and church leaders in the Houses of Parliament to pray for our Parliament, Government and politics, to build relationships between church leaders and their local MPs, and to reflect upon the relevance of the Christian faith to personal and public life.
**Christians in Politics (CiPol)** works to inspire and encourage Christians to get involved in politics and public life.
## **Public benefit statement**
The Trustees have regard to the Charity Commission’s guidance on public benefit.
Many of the activities of CiP are for the direct benefit of parliamentarians and staff in the Houses of Parliament. In addition, certain activities and events are open to all members of the public, and this gives Members of Parliament the opportunity to meet and work with people from throughout the United Kingdom.
The NPPB is for the benefit of all Members of Parliament and people throughout the United Kingdom.
The work of CiPol serves the public benefit by equipping and inspiring Christians throughout the United Kingdom to engage in local, regional and national politics in a thoughtful and gracious manner for the common good of all people.
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## **Achievements and performance:**
## **Christians in Parliament**
Christians in Parliament (CiP) is an All-Party Parliamentary Group, which exists to help Christians live out their faith in Parliament and politics. We also seek to commend the truth and goodness of the Christian faith to all who work in Parliament. We do this through:
- Bible study and prayer groups
- 1-1 support
- Chapel services
- Speaker events and discussion groups
- Policy discussions and briefings
- The annual National Parliamentary Prayer Breakfast
The group is bi-cameral, cross-party, and non-denominational, and we work in close partnership with the Speaker’s Chaplain, the Roman Catholic Duty Priest in Parliament and Westminster Abbey. Over the past year, the CiP team has consisted of Revd Mark Harris (Chaplain), Claire Newman (Senior Parliamentary Officer) and Mark Gilmore (Administrator). Mark’s successor, Jane Powell, begins work in September 2024.
## **Pastoral support**
Mark Harris and Claire Newman facilitated the running of three weekly _**Bible Study groups**_ with cross-party Members of both Houses. All three groups have enjoyed studying Luke’s gospel together as well as supporting each other in standing firm as disciples for Christ in Parliament and politics.
_**Chapel services**_ : these remain a highlight in the week, and we have been encouraged by a regular cohort who attend most weeks, as well as some new joiners. Our sermon series have been: Meals with Jesus (Luke’s gospel), Faith for Life (Hebrews), All We Need is God (Psalm 23) and The Bible and Politics (various texts). Average attendance was 34 people, comprising parliamentarians and staff.
_**Psalm reflection and prayer meeting**_ **:** Every Monday morning the team sent out a weekly Psalm reflection to over one hundred Members and staff. The team has also led a weekly prayer meeting for parliamentary staff, which includes a weekly psalm reflection.
## **Events**
We organised a series of events which engaged a wider group of parliamentarians and staff with the truth and relevance of the Christian faith:
- At Easter 2023, 70 parliamentarians and staff attended an Easter Celebration service, when Tim Farron MP preached on the evidence for and meaning of the resurrection of Jesus.
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- At the end of April, 35 parliamentarians and staff enjoyed an engaging evening with the journalist Dan Walker titled ‘ _Journalism, Football and Faith_ .’ Baroness Morgan of Cotes interviewed Dan about his life and Christian faith.
- In December, over 200 parliamentarians and staff attended one of our two Carol Services and heard the good news of Christmas.
- At Easter 2024, over 50 parliamentarians and staff attended an Easter Celebration service, when Revd Mark Harris preached on the resurrection of Jesus.
- We held 3 teas, each attended by around 50 people, which provided a good opportunity to create new connections with parliamentarians and to promote the work of Christians in Parliament.
- Due to the General Election, we had to postpone an afternoon tea and an event with NT Wright, ‘How should a Christian think about politics?’ to the Autumn.
## **Public theology**
Our public theology programme seeks to provide Christian members with deep biblical and theological foundations to inform all their political practice.
- In January, we organised an event ‘Artificial Intelligence and the Future of Humanity: implications for Policymakers’ with Jeremy Peckham. Jeremy is a Christian technology entrepreneur and author who writes and speaks on the ethical issues surrounding AI.
- Due to the General Election, we had to postpone a discussion evening with the economist Sir Andrew Dilnot on ‘What difference does the Christian faith make to the economy’ to the Autumn.
## **General Election 24**
We worked in partnership with the Bible Society and Christians in Politics to develop a number of materials to help equip the church to engage more broadly and deeply in politics, ahead of the election. This work is also vital for encouraging Christians to serve full time in politics in the future.
In conjunction with Westminster Abbey and the Christian Fellowship Groups from the main political parties, we helped organise an event ‘Preparing to Lead’ for Christian Parliamentary Candidates before the election and a ‘Service for the New Parliament’ post-election.
Since the election, we have been seeking to support MPs who lost their seats and build connections with new MPs.
## ~~a~~ **National Parliamentary Prayer Breakfast**
The National Parliamentary Prayer Breakfast 2023 took place on 27 June. The theme was ‘ _The Power of Forgiveness in Public Life_ ’ and Dr Amy Orr-Ewing, honorary lecturer at the University of Aberdeen School of Divinity, gave the keynote address.
The Breakfast included prayers led by Members and a choir consisting of parliamentary staff and friends of Christians in Parliament. After the main Breakfast, our partners offered a programme of seminars as well as a dedicated event for church leaders later in the morning.
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The Breakfast was attended by 700 people, with more parliamentarians than ever before attending (over 200 across both Houses) including the Prime Minister, Leaders of Opposition Parties as well as members of the Cabinet. We also had over 1,000 people join the livestream, and the Breakfast has subsequently been viewed by over 11,000 people.
As the National Parliamentary Prayer Breakfast does not take place in election years, we did not hold a Breakfast in 2024. We have been using the time to manage a major project to overhaul our data processing and booking systems ahead of the 2025 National Parliamentary Prayer Breakfast.
## **Christians in Politics**
## **Context**
Christians in Politics (CiPol) exists to inspire and encourage Christians to get involved in politics and public life. We strive to put kingdom before tribe and disagree well. Christians in Politics draws together Christians from across the political parties and beyond, and from across the breadth of the church. CiPol is led by Andy Flannagan (Executive Director).
## **Fundraising**
Andy Flannagan continued to focus on fundraising to grow the reach and impact of our work.
We began work with two external fundraising consultants and plans are being made for new applications, combined with an individual donor match funding plan. We also worked with the new trust administrator to streamline accounting systems and apportion historical accounts.
In 2024, we have seen pleasing levels of re-investment from existing partners. We have made significant cost savings by using occasional ‘as necessary’ administrative support rather than employing a permanent Office Manager. We also negotiated a cheaper version of the customer relationship management (CRM) system, to further reduce costs.
## **Ambassador Programme**
In April we launched the Ambassador Programme – a new course of high-level public speaking, media interview and writing training for those who want to improve how they articulate their Christian worldview in the public square, and to make the case to the church that politics is an important mission-field.
We received a huge number of applications (including an ‘audition video’) and 24 were selected. We were very encouraged by the talent within the church.
The programme involved four cohorts of six people meeting up five times in the year for indepth training sessions. Session one included the topics of connecting with an audience, body language, theatrical strategies, narrative construction, and timing a presentation. In each session, participants provided critique and encouragement to each other, leading to increased levels of confidence and expertise.
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We have seen an overwhelmingly positive response to the course, and participants have already gained experience by accompanying the Director to events and delivering talks and written articles for publication.
- These two quotes sum up well how participants have been impacted by the course: _“The training is equipping me with the necessary tools to excellently communicate the saving message of the gospel to those, in the public sphere, who may never have heard it, ignored its relevance and rejected its power.”_
_“The homework assignments that Andy gives us are really challenging but very rewarding. His feedback is invaluable and being gently pushed to step outside of my comfort zone is just what I need to improve my political communication skills. I also love the encouragement and interaction from the other group members.”_
Following an application process in summer 2024, the second cohort for year two of the Ambassador programme have now been selected. This will again involve four groups of six meeting six times in the academic year, starting October 2024.
## **External engagements**
We have taken part in a number of external engagements, events and festivals including:
- WILDFIRES festival and GATHER conference SOUTH – These were both standing room only at a ‘lab’ session with many people expressing an interest to enter political service. (2023 and 2024)
- Summer Madness – We worked with the CiPol Northern Ireland (NI) team to deliver two sessions at this festival in NI. We had great attendance from young people and adults at both sessions, and session two included a panel of politicians from right across the NI political spectrum. This has led to further gatherings of members since. (2023)
- Cedarwood Festival – We ran a session on political engagement (2023 and 2024)
- CreationFest – Sir Gary Streeter MP gave a compelling talk at the main session with record number of sign-ups. (2024)
- Satellites – We had another very well attended session with a brand-new cohort of young people signing up to be involved. (2023)
- Synergy Conference – We led a mainstage session (2023)
- Cliff College festival – We led a mainstage session and seminar (2024)
- Into the Woods – Talk (2023 and 2024)
We also delivered a number of other presentations and training sessions including at New Wine Leaders, Harrogate and also as part of the Baptist Association Leaders’ training.
In addition to the above, we also had 27 church speaking engagements, produced 24 articles for magazines or websites, had 31 radio appearances, spoke at 6 theological colleges and gave 7 appearances on GOD TV.
## **Britain and the Bible**
One of the highlights of the year was partnering with Bible Society and Christians in Parliament to produce a range of resources around the 2024 general election. This led to
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thousands of downloads of our resources and viewings of our campaign video, which was used by many churches in the run-up to the election. We also partnered with Premier Radio to deliver a very successful podcast: 66politics, which was jointly hosted by Andy Flannagan and Celia Apeagyei-Collins. Each episode involved discussions with theologians on a series of Bible passages around politics. Unfortunately, with the sudden election announcement, we had to cancel our eight-date nationwide tour.
## **Influence Course**
Our 313 Influence Course ‘how to’ guides are now being used for local Influence Courses. This means all the small groups of a church are using our offline or online version of the sixweek course, including written and video materials. Here is a quote from one church that used it:
“ _It began to dawn on us that we had significantly underestimated how political the gospel is – and that is the realisation: The gospel is political. Standing for the lost, the last, the least and the lonely is political.”_
## **Financial review**
Finances supporting the work of Christians in Parliament (CiP), the National Parliamentary Prayer Breakfast (NPPB), and Christians in Politics (CiPol) are overseen by the Trustees of the Parliamentary Christian Trust (PCT). The budgets of each of these are monitored to ensure that each fund of the charity operates within its means.
In order to match regular cycles for funding and for the work of the Trust, the financial yearend has been changed from 31 March to 31 August, and therefore this report covers seventeen months from April 2023 to August 2024.
Total incoming resources of the charity for the 17-month period were income of £198,064 plus asset sales of £25,000, and total expenditure was £207,180, resulting in a cash surplus of £15,884 for the period. Bank balances carried forward at the end of the period were £219,784, comprising £128,178 for CiP, £31,295 for NPPB and £60,311 for CiPol.
After a review of investments in March 2016, £56,000 from funds that had been donated to CiP were invested with COIF Charities Ethical Investment Fund Accumulation Units. £25,000 of these were sold in October 2023, and the value of the remaining investments of the PCT at 31 August 2024 stood at £93,700. The Trustees expect to realise these investments over the next few years in order to sustain CiP’s current staffing levels during anticipated future shortfalls in income while identifying new sources of funding.
## **Reserves policy**
The Trustees regularly review the level of reserves to ensure that the Trust holds sufficient funds to meet its regular and contractual commitments and those arising from other obligations. Their policy is to maintain free reserves sufficient to cover nine months’ running costs and other payroll obligations. In the reported financial period, this gives a reserves target of £100,000 for CiP (including the balance on the designated fund for salaries), and £25,000 for CiPol. The reserves target for NPPB is £15,000, in order to manage the cash flow of payments due to suppliers in advance of income from ticket sales.
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## **Future plans**
Arrangements are being made for various events scheduled to take place in the coming year; these include monthly worship services, regular bible teaching sessions, prayer gatherings and fellowship groups.
There are plans to continue when possible to hold the National Parliamentary Prayer Breakfast in each year of Parliament.
## **Statement of Trustees’ responsibilities**
The charity trustees are responsible for preparing the Trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing the financial statements, the trustees are required to:
- select suitable accounting policies and apply them consistently;
- observe the methods and principles in the applicable guidance;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Approval**
This report was approved by the Trustees on 27 June 2025 and signed on their behalf by Sir Gary Streeter.
**----- Start of picture text -----**
Go Sheol
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## **Independent Examiner’s Report to the Trustees of the Parliamentary Christian Trust**
I report to the charity trustees on my examination of the accounts of the charity for the seventeen months ended 31 August 2024, which are set out on pages 12 to 18.
## **Responsibilities and basis of report**
As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or
2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Sylvia Lambden FCCA
Calculus Accountants and Tax Advisers Limited
Accountants 5 Priory Road Loughton Essex IG10 1AF
27 June 2025
11
## **THE PARLIAMENTARY CHRISTIAN TRUST**
## **Receipts & Payments Account for the period ended 31 August 2024**
|**Incoming resources:**
**Voluntary income**
Gifts and donations
Tax recovered
**Income from events**
National Prayer Breakfast
Christians in Parliament events
Christians in Politics events
**Investment income**
Interest received
**Gross income**
**Asset and investment sales**
Receipts from sale of investments
**Total incoming resources**|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
94,253
21,725
60,011
**175,989**
_149,385_
-
-
303
**303**
_14_|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
94,253
21,725
60,011
**175,989**
_149,385_
-
-
303
**303**
_14_|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
94,253
21,725
60,011
**175,989**
_149,385_
-
-
303
**303**
_14_|
|---|---|---|---|
||94,253|21,725|60,314
**176,292**
_149,399_|
||-
-
-|18,819
-
-|-
**18,819**
_24,142_
-
**-**
_-_
950
**950**
_450_|
||-|18,819|950
**19,769**
_24,592_|
||965|539|499
**2,003**
_322_|
||965|539|499
**2,003**
_322_|
||95,218
25,000|41,083
-|61,763
**198,064**
_174,313_
-
**25,000**
_-_|
||**120,218**|**41,083**|**61,763**
**223,064**
**_174,313_**|
12
## **THE PARLIAMENTARY CHRISTIAN TRUST**
## **Receipts & Payments Account for the period ended 31 August 2024, continued**
|**Expenditure:**
**Direct charitable activities**
Salaries
Pension costs
Event costs: Hospitality
Event costs: Audio visual
Other event costs
**Support costs**
Professional & administrative fees
Staff welfare, training and travel
Postage, stationery & software
Insurance
Independent examination
Other expenses
**Total expenditure**
**Surplus/(deficit) of incoming**
**resources over expenditure**
Bank balances brought forward
**Bank balances carried forward**|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
84,885
10,000
38,368
**133,253**
_116,400_
7,582
-
2,975
**10,557**
_8,813_
3,434
20,178
-
**23,612**
_22,329_
-
17,000
-
**17,000**
_14,400_
4,931
6,168
94
**11,193**
_7,510_|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
84,885
10,000
38,368
**133,253**
_116,400_
7,582
-
2,975
**10,557**
_8,813_
3,434
20,178
-
**23,612**
_22,329_
-
17,000
-
**17,000**
_14,400_
4,931
6,168
94
**11,193**
_7,510_|Unrestricted
fund
£
Restricted
fund
£
Restricted
fund
£
**April 2023**
**to Aug 2024**
**Total funds**
**£**
_Year ended_
_March 2023_
_Total funds_
_£_
CiP
NPPB
CiPol
84,885
10,000
38,368
**133,253**
_116,400_
7,582
-
2,975
**10,557**
_8,813_
3,434
20,178
-
**23,612**
_22,329_
-
17,000
-
**17,000**
_14,400_
4,931
6,168
94
**11,193**
_7,510_|
|---|---|---|---|
||100,832|53,346|41,437
**195,615**
_169,452_|
||1,335
1,373
1,143
-
600
217|-
17
-
-
250
-|591
**1,926**
_4,380_
553
**1,943**
_1,420_
4,706
**5,849**
_5,572_
380
**380**
_352_
400
**1,250**
_1,914_
-
**217**
_232_|
||4,668|267|6,630
**11,565**
_13,870_|
||**105,500**|**53,613**|**48,067**
**207,180**
**_183,322_**|
||14,718
113,460|(12,530)
43,825|13,696
15,884
(9,009)
46,615
**203,900**
_212,909_|
||**128,178**|**31,295**|**60,311**
**219,784**
**_203,900_**|
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## **THE PARLIAMENTARY CHRISTIAN TRUST**
## **Statement of Assets and Liabilities as at 31 August 2024**
||Unrestricted|Restricted|Restricted|**August 2024**|_March 2023_|
|---|---|---|---|---|---|
||fund|fund|fund|**Total funds**|_Total funds_|
||£|£|£|**£**|_£_|
||CiP|NPPB|CiPol|||
|**Bank balances (as above)**|**128,178**|**31,295**|**60,311**|**219,784**|**_203,900_**|
|Investment assets|93,700|-|-|**93,700**|_106,685_|
|Less: Liabilities|(2,401)|(250)|(960)|**(3,611)**|_(2,038)_|
|**Net assets**|**219,477**|**31,045**|**59,351**|**309,873**|**_308,547_**|
Signed on behalf of the Trustees by Sir Gary Streeter Date: 27 June 2025
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## **THE PARLIAMENTARY CHRISTIAN TRUST**
## **Notes to the accounts for the period ended 31 August 2024**
## **1. Basis of accounting**
These accounts have been prepared on a Receipts and Payments (cash) basis.
## **2. Funds**
Different categories of fund have been recognised in these accounts. Unrestricted funds are those that are available for expenditure at the discretion of the Trustees for any of the objects of the Charity.
Previous years' accounts showed a Designated Fund of Christians in Parliament (CiP), comprising major donations received primarily for employee salaries. This distinction is no longer useful, so the Trustees have merged this fund back into the CiP unrestricted fund. A separate Receipts & Payments Account for this project is included on the next page.
Restricted Funds are those where donations have been received for a specific purpose.
The National Parliamentary Prayer Breakfast (NPPB) is administered by the Trust, and all income and expenses relating directly to this event are treated as restricted funds. This is usually an annual event designed to provide fellowship and teaching for Christians from around the nation and the world. It has its own bank accounts. A separate Receipts & Payments Account for this project is included in these Financial Statements.
Christians in Politics (CiPol) is another part of the Trust's work and is a separate project with its own bank accounts. Therefore, the receipts and payments of Christians in Politics are also kept separate as a restricted fund. Again, a separate Receipts and Payments account is incuded at the end of this report.
## **3. Salaries**
£10,000 was charged to the National Parliamentary Prayer Breakfast as a contribution for staff costs related to the 2023 event.
## **4. Investments**
Investments are held as Accumulation Units in the COIF Charities Ethical Investment Fund. The original investment in March 2016 was for £56,000. £25,000 of the accumulated balance was sold in October 2023. The valuation as at 31 August 2024 was £93,700 (March 2023: £106,685). The rationale for holding these investments is set out in the Trustees' Annual Report.
## **5. Liabilities**
Liabilities comprise pension contributions payable and professional fees.
## **6. Trustees**
Donations include a small collection for a gift to the Chair in recognition of his long service to the APPG, which was then paid for after the year-end. No trustee received any other payment or benefit from the funds of the charity.
## **7. Related parties**
PCT works closely with another UK charity, the Bible Society. The Bible Society manages ticket bookings and other organisation for the NPPB, funds certain event costs for CiP, and provides a London virtual office for CiPol.
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## **CHRISTIANS IN PARLIAMENT**
## **Receipts & Payments Account for the period ended 31 August 2024**
|April 2023
to Aug 2024
£
April 2023
to Aug 2024
£
_Year ended_
_March 2023_
_£_
**Incoming resources**
Gifts and donations
94,253
Interest received
965
**Gross income**
95,218
Assets and investment sales
25,000
**Total incoming resources**
**120,218**
**Expenditure on direct charitable activities**
Salaries
84,885
_89,378_
Pension costs
7,582
_6,755_
Event costs: Hospitality
3,434
_5,575_
Other event costs
4,931
_3,755_
100,832
**Support costs**
Professional & administrative fees
1,335
_2,585_
Staff welfare, training and travel
1,373
_766_
Postage, stationery & software
1,143
_1,261_
Independent examination
600
_834_
Other expenses
217
_232_
4,668
**Total expenditure**
**105,500**
**Net surplus/(deficit) of income**
**over expenditure**
**14,718**
Bank balances brought forward
113,460
**Bank balances carried forward**
**128,178**
**Statement of Assets and Liabilities as at 31 August 2024**
**Bank balances (as above)**
**_128,178_**
Investment assets
93,700
Less: Liabilities
(2,401)
**Net assets**
**219,477**|April 2023
to Aug 2024
£
84,885
7,582
3,434
4,931|April 2023
to Aug 2024
£
94,253
965|_Year ended_
_March 2023_
_£_
_89,378_
_6,755_
_5,575_
_3,755_|_Year ended_
_March 2023_
_£_
_103,277_
_220_|
|---|---|---|---|---|
|||95,218
25,000||_103,497_
_-_|
|||**120,218**||**_103,497_**|
|||100,832
4,668||_105,463_
_5,678_|
||1,335
1,373
1,143
600
217||_2,585_
_766_
_1,261_
_834_
_232_||
|||**105,500**||**_111,141_**|
|||**14,718**
113,460||**_(7,644)_**
_121,104_|
|||**128,178**||**_113,460_**|
|||||**_113,460_**
106,685
_(1,178)_|
|||||**_218,967_**|
16
## **NATIONAL PARLIAMENTARY PRAYER BREAKFAST**
## **Receipts & Payments Account for the period ended 31 August 2024**
|April 2023
to Aug 2024
£
April 2023
to Aug 2024
£
_Year ended_
_March 2023_
_£_
**Incoming resources**
Gifts and donations
21,725
Ticket sales
18,819
Interest received
539
**Total incoming resources**
**41,083**
**Expenditure on direct charitable activities**
Contribution to staff costs
10,000
_-_
Event costs – Hospitality
20,178
_16,754_
Event costs – Audio visual
17,000
_14,400_
Event costs – Speakers
600
_500_
Design & printing
841
_1,485_
Other event costs
4,727
_1,770_
53,346
**Support costs**
Professional & administrative fees
-
_1,500_
Staff welfare, training and travel
17
_-_
Independent examination
250
_420_
267
**Total expenditure**
**53,613**
**Net surplus/(deficit) of income**
**over expenditure**
**(12,530)**
Bank balances brought forward
43,825
**Bank balances carried forward**
**31,295**
**Statement of Assets and Liabilities as at 31 August 2024**
**Bank balances (as above)**
**31,295**
Less: Liabilities
(250)
**Net assets**
**31,045**|April 2023
to Aug 2024
£
10,000
20,178
17,000
600
841
4,727|April 2023
to Aug 2024
£
21,725
18,819
539|_Year ended_
_March 2023_
_£_
_-_
_16,754_
_14,400_
_500_
_1,485_
_1,770_|_Year ended_
_March 2023_
_£_
_20,827_
_24,142_
_79_|
|---|---|---|---|---|
|||**41,083**||**_45,048_**|
|||53,346
267||_34,909_
_1,920_|
||-
17
250||_1,500_
_-_
_420_||
|||**53,613**||**_36,829_**|
|||||**_8,219_**
_35,606_|
|||||**_43,825_**|
|||||**_43,825_**
_(250)_|
|||||**_43,575_**|
17
## **CHRISTIANS IN POLITICS**
## **Receipts & Payments Account for the period ended 31 August 2024**
|April 2023
to Aug 2024
£
April 2023
to Aug 2024
£
_Year ended_
_March 2023_
_£_
**Incoming resources**
Gifts and donations
60,011
Tax recovered
303
Lectures and events
950
Interest received
499
**Total incoming resources**
**61,763**
**Expenditure on direct charitable activities**
Salaries
38,368
_27,022_
Pension costs
2,975
_2,058_
Event costs
94
_-_
41,437
**Support costs**
Professional & administrative fees
591
_295_
Staff welfare, training and travel
553
_654_
Postage, stationery & software
4,706
_4,311_
Insurance
380
_352_
Independent examination
400
_660_
6,630
**Total expenditure**
**48,067**
**Net surplus/(deficit) of income**
**over expenditure**
**13,696**
Bank balances brought forward
46,615
**Bank balances carried forward**
**60,311**
**Statement of Assets and Liabilities as at 31 August 2024**
**Bank balances (as above)**
**60,311**
Less: Liabilities
(960)
**Net assets**
**59,351**|April 2023
to Aug 2024
£
38,368
2,975
94|April 2023
to Aug 2024
£
60,011
303
950
499|_Year ended_
_March 2023_
_£_
_27,022_
_2,058_
_-_|_Year ended_
_March 2023_
_£_
_25,281_
_14_
_450_
_23_|
|---|---|---|---|---|
|||**61,763**||**_25,768_**|
|||41,437
6,630||_29,080_
_6,272_|
||591
553
4,706
380
400||_295_
_654_
_4,311_
_352_
_660_||
|||**48,067**||**_35,352_**|
|||**13,696**
46,615||**_(9,584)_**
_56,199_|
|||**60,311**||**_46,615_**|
|||||**_46,615_**
_(610)_|
|||||**_46,005_**|
18