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2024-11-04-accounts

CHARITY REGISTRATION NUMBER: 1171920

Pillar of Fire Intercession Group of Prayers Unaudited Financial Statements

4 November 2024

YEVS & CO CHARTERED CERTIFIED ACCOUNTANTS

Chartered Certified Accountants Yevs House 130 Cape Hill Smethwick B66 4PH

Pillar of Fire Intercession Group of Prayers

Financial Statements

Year ended 4 November 2024

Page
Trustees' annual report 1
Independent examiner's report to the trustees 3
Statement of financial activities 4
Statement of financial position 5
Statement of cash flows 6
Notes to the financial statements 7

Pillar of Fire Intercession Group of Prayers

Trustees' Annual Report

Year ended 4 November 2024

The trustees present their report and the unaudited financial statements of the charity for the year ended 4 November 2024.

Reference and administrative details

Registered charity name Pillar of Fire Intercession Group of Prayers Charity registration number 1171920 Principal office

The trustees

Rev Yawli AY Yawli GN Nyorkuru YEK Kludje Independent examiner Sylvanus Dzotsi B.A(Hons),FCCA Association of Chartered Certified Accountants Yevs House 130 Cape Hill Smethwick B66 4PH

Achievements and performance

1.Prayer Services

We continued to hold prayer services throughout the year and had more participants regularly attend the prayer meetings. We also had guest speakers come to join the services and lead the people in attendance to prayer. We had beautiful testimonies throughout the year of answered prayers from God. We also explored providing an online option for those unable to attend in person and have faced challenges but are working through it.

2. Women's Ministry Prayer Outings

The Women's Ministry has continued strongly with regular prayer gatherings both indoor and outdoor, ministering to women and families in the Coventry community. Women have shared testimonies of being uplifted in prayer, leading to personal growth and empowerment and have had testimonies of answered prayers.

3. Church Evangelism and Mission Conference in Togo

The church continued to participate in the international mission, sending a delegate to Togo to continue the evangelism work and foster the partnership with Eglise Pentecotiste De Zangera Temple Si Precieux Lome in Togo. The ongoing partnership with the Togo-based church continues to help extend our ministry's reach beyond the UK.

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Pillar of Fire Intercession Group of Prayers

Trustees' Annual Report (continued)

Year ended 4 November 2024

Achievements and performance (continued)

  1. Coventry Town Prayer and Evangelism

Locally, in Coventry, UK, our church continued its weekly prayer and evangelism initiative. Every Saturday, teams of volunteers would gather in the town to pray for the community and engage with the public. Through these efforts, the church has been able to connect with people who might not have otherwise entered a church building. We handed out Christian literature, prayed with individuals, and engaged in conversations about faith. This initiative continues to expand our outreach and increase our visibility in the local community. Two days in the month were also organised to meet the homeless people in the town of Coventry and to support them with food and clothing and prayers.

  1. Monthly Youth and Women's Conferences.

Our commitment to discipleship and community development has continued through our monthly conferences.

Youth Conference: Held on the first Saturday of every month, these sessions focused on encouraging spiritual growth, leadership skills, and providing a space for young people to connect with God and each other. Attendance has been consistent, and the youth have actively engaged in discussions on faith, identity, and purpose.

Women's Conference: Held on the second Friday of each month, the Women's Ministry held gatherings aimed at equipping women in their spiritual journeys and everyday lives. These conferences continue to feature guest speakers, worship, and prayer sessions. They have been pivotal in nurturing spiritual growth, fostering sisterhood, and providing practical support for women in the congregation.

Plans for future periods

Plans for Future Growth and Improvement

The trustees recognise that while significant progress has been made in the past year, there is always room for improvement. In the coming year, we aim to build on the success of our current activities with the following improvements:

1.Expanded Ministry Initiatives: There are plans to ordain two faithful men who are undergoing training to become ministers to continue to aid the work of the gospel. The Women's Ministry plans are also underway to introduce a mentoring program to support younger women in their spiritual and personal growth.

  1. Increased Local Engagement in Coventry: We plan to continue holding seasonal events, such as summer fairs or Christmas outreaches, that include both prayer and practical support for the community. Together with local churches, we also hope to strengthen our evangelism efforts in Coventry.

  2. Youth and Women's Conference Enhancements: We have plans underway to invite more dynamic guest speakers, include workshops on practical topics such as financial management and mental health, and provide opportunities for attendees to engage in more hands-on activities during the conferences. Additionally, we plan to introduce follow-up sessions for conference attendees to ensure continuous spiritual growth. The trustees believe that these activities will not only continue to bless the community but will also lead to greater spiritual growth and impact in the coming year. We are committed to fulfilling the charity's mission and are grateful for the support of all who contribute to these efforts.

The trustees' annual report was approved on 8 November 2025 and signed on behalf of the board of trustees by:

Rev Jules Yawli

Trustee

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Pillar of Fire Intercession Group of Prayers

Independent Examiner's Report to the Trustees of Pillar of Fire Intercession Group of Prayers

Year ended 4 November 2024

I report to the trustees on my examination of the financial statements of Pillar of Fire Intercession Group of Prayers ('the charity') for the year ended 4 November 2024.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all 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 financial statements do not accord with those records; or

  3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

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 to enable a proper understanding of the accounts to be reached.

Sylvanus Dzotsi B.A(Hons),FCCA Association of Chartered Certified Accountants

Independent Examiner

Yevs House 130 Cape Hill Smethwick B66 4PH

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Pillar of Fire Intercession Group of Prayers

Statement of Financial Activities

Year ended 4 November 2024

2024 2023
Unrestricted
fundsTotal funds Total funds
Note £ £ £
Income and endowments
Donations and legacies 4 40,683 40,683 31,851
---------------------------- ---------------------------- ----------------------------
Total income 40,683 40,683 31,851
============================ ============================ ============================
Expenditure
Expenditure on charitable activities 5,6 29,995 29,995 32,247
Other expenditure 7 10,167 10,167
---------------------------- ---------------------------- ----------------------------
Total expenditure 40,162 40,162 32,247
============================ ============================ ============================
---------------------------- ---------------------------- ----------------------------
Net income/(expenditure) and net movement in funds 521 521 (396)
============================ ============================ ============================
Reconciliation of funds
Total funds brought forward (396) (396)
---------------------------- ---------------------------- ----------------------------
Total funds carried forward 125 125 54
============================ ============================ ============================

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 7 to 12 form part of these financial statements.

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Pillar of Fire Intercession Group of Prayers

Statement of Financial Position

4 November 2024

2024 2023
Note £ £
Current assets
Cash at bank and in hand 975 310
Creditors: amounts falling due within one year 12 850 706
-------------- --------------
Net current assets 125 (396)
-------------- --------------
Total assets less current liabilities 125 (396)
-------------- --------------
Net assets 125 (396)
============== ==============
Funds of the charity
Unrestricted funds 125 54
-------------- --------------
Total charity funds 13 125
==============
54
==============

These financial statements were approved by the board of trustees and authorised for issue on 8 November 2025, and are signed on behalf of the board by:

Rev Jules Yawli

Trustee

The notes on pages 7 to 12 form part of these financial statements.

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Pillar of Fire Intercession Group of Prayers

Statement of Cash Flows

Year ended 4 November 2024

2024 2023
Note £ £
Cash flows from operating activities
Net income/(expenditure) 521 (396)
Adjustments for:
Accrued (income)/expenses (50) 450
Changes in:
Trade and other creditors 450
-------------- --------------
Cash generated from operations 921 54
-------------- --------------
Net cash from operating activities 921 54
============== ==============
Net increase in cash and cash equivalents 921 54
Cash and cash equivalents at beginning of year 54
-------------- --------------
Cash and cash equivalents at end of year 11 975 54
============== ==============

The notes on pages 7 to 12 form part of these financial statements.

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements

Year ended 4 November 2024

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is 79 Parry Road, Coventry, CV2 3LW.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements (continued)

Year ended 4 November 2024

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Financial instruments

A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements (continued)

Year ended 4 November 2024

3. Accounting policies (continued)

Financial instruments (continued)

Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.

Debt instruments are subsequently measured at amortised cost.

Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.

Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Donations and legacies

Unrestricted Total Funds Unrestricted Total Funds
Funds 2024 Funds 2023
£ £ £ £
Donations
General Donation 7,505 7,505 9,185 9,185
Mission Donation 2,105 2,105 1,650 1,650
Offering 14,136 14,136 6,938 6,938
Rent Donation 6,450 6,450 1,820 1,820
Retreat Donation 361 361
Tithes 6,333 6,333 3,806 3,806
Youth Project 350 350
Family Aid Donations 135 135 20 20

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements (continued)

Year ended 4 November 2024

4. Donations and legacies (continued)

Unrestricted Total Funds Unrestricted Total Funds
Funds 2024 Funds 2023
£ £ £ £
Gifts
Gift Aid 4,019 4,019 7,721 7,721
---------------------------- ---------------------------- ---------------------------- ----------------------------
40,683 40,683 31,851 31,851
============================ ============================ ============================ ============================
5. Expenditure on charitable activities by fund type
Unrestricted Total Funds Unrestricted Total Funds
Funds 2024 Funds 2023
£ £ £ £
Support costs 29,995 29,995 31,797 32,247
============================ ============================ ============================ ============================
6. Expenditure on charitable activities by activity type
Support Total funds Total fund
costs 2024 2023
£ £ £
Governance costs 29,995 29,995 32,247
============================ ============================ ============================
7. Other expenditure
Unrestricted Total Funds Unrestricted Total Funds
Funds 2024 Funds 2023
£ £ £ £
Men Conference 1,350 1,350
Nobel Women Mission 5,630 5,630
Refreshment 350 350
Youth Conference 600 600
Retreat Expense 2,237 2,237
---------------------------- ---------------------------- -------------- --------------
10,167 10,167
============================ ============================ ============== ==============

8. Auditors’ remuneration

There is no auditor remuneration

9. Staff costs

The average head count of employees during the year was Nil (2023: Nil).

No employee received employee benefits of more than £60,000 during the year (2023: Nil).

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements (continued)

Year ended 4 November 2024

10. Trustee remuneration and expenses

There were no Trustee remuneration and expense .

11. Cash and cash equivalents

Cash and cash equivalents comprise the following:

Cash and cash equivalents comprise the following:
2024 2023
£ £
Cash at bank and in hand 975 310
Bank overdrafts (256)
-------------- --------------
975 54
============== ==============
Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 256
Trade creditors 450
Accruals and deferred income 400 450
-------------- --------------
850 706
============== ==============

12. Creditors: amounts falling due within one year

13. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
At At
5 November 4 November
2023 Income Expenditure 2024
£ £ £ £
General funds (396) 40,683 (40,162)
125
============== ============================ ============================ ==============
At At
5 November 4 November
2022 Income Expenditure 2023
£ £ £ £
General funds 31,851 (31,797)
54
============== ============================ ============================ ==============

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Pillar of Fire Intercession Group of Prayers

Notes to the Financial Statements (continued)

Year ended 4 November 2024

14. Analysis of changes in net debt

At At
5 Nov 2023 Cash flows 4 Nov 2024
£ £ £
Cash at bank and in hand 310 665 975
Bank overdrafts (256) 256
-------------- -------------- --------------
54 921 975
============== ============== ==============

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