Clwlty r•gkntratlon 11737 COMP￿ r•gl•tr•lkn rnmb•f 10519654 IErvJlAnd and W•l•81 ETERNAL WALL OFANSWERED PRAYER ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 ETERNAL WALL OF ANSWERED PRAYER LEGAL AND ADMINISTRATIVE INFORMATION Rthord Mcl¢)y Gwy SpKw Eva (Apr•J'nt8d 1 May 20231 (Akyjolnted 8Augu8t 20231 pa￿ Twnw Miclwl IM Ch•rtty nwnb•r 1173708 COM￿nY numb•r 10519554 prtncl￿l •ddr• Coutyard 4 Col••hil En4•nd B46 IDL Courtyard 4 South cok￿11 England 846 10L Audltor 2 Chamb*tsin Squ*• Par•th#e Cira BJ 3AX Chitif Ollc•r (R•s￿￿d 31 Jar￿ry 2024) ETERNAL WALL OF ANSWERED PRAYER COhrrENTS 9-10 Stat•m•nt Of￿$h ffi 13 Ni)t•• to the fin•rK4d 14-29 ETERNAL WALL OF ANSWERED PRAYER TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) FOR THE YEAR ENDED 31 DECEAIBER 2023 finanual statements and CW with the thar1￿9 g)¥•ming duxment, the Ac* 20[￿ and "Acy>)unting and Re¢0￿"n9 by Chanb"•s". Statw*ttt ol Praclic¢ to c*wilies prep8rirg their acuunts in accordance the Finanual Roprxtiry Slarmlwd applKable in the UK and Republic of Irthnd IFRS 1021" left￿ti¥6 1 January 20191. The oftho ¢*•rity we to.. uNJgrstsnding of th• Chrisuon f•th WKI in p•itntsth• iirymlm of prayer. 2. To help th0￿ that arn kn need by rea•cn ofthwr ywth. ap. ￿ h￿1th. dwkn¥ty. finanual hard8PHP, or other di￿d¥•n1•0•. In Actlvlll•• fop4Yard. wouKI stop Ihtyx from 8LypthtvJ th• m•0*. . Compl•te the buikling of th• tru¢* rold to •nabl• cuNrmrr*nt on * to be legally rec￿nIsed . Reuurt a ch￿ oifw ar￿ gtart to pl￿ for w future loc*nthuy requirem￿18. . Continufj lo buikj an urwJer8tanding of FKOC•58•8 r•wired in Nmbern ol answered prayers we require to meet our goals, brKludiry, asp•th r•hb'ng to IP*'r storap, sKurity and en8unng adeqL Pybllc 8•n•fft The Tru8tee8 confimi tr￿t ttxy fL*faed thetr W to ha￿ du• r•prd to g￿nce on wbllc tr4n•fft rul•s. Achl•v•m•nts and pwlonn . A pr•ferred SUp￿.•r wa8 thnt￿. are fin8h"iiTha (￿r mar¢ o)rtrac*or Tr]uirements. . The local Flanning authryity CA)nfim*d. aft•r wcrt that had lak•n the •rte, that a . A Chief Technic*1 Offiwwas apwnted. . Evonts were hohj on wKILKling a hwy NK%esoft1 wxl vvirv￿ 1oTrJ blewTrJ day Iwth 300+ ETERNAL WALL OF ANSWERED PRAYER TRUSTEES, REPORT (INCLUDING DIRECTOR'S REPORT) {cO￿riNuED) FOR THE YEAR ENDED 31 DECEAIBER 2023 FIMn¢l•l r•vlv Inojnw for the year £2.627.087 (2022: £1.574.4341 and exwvjthro for thè £2.409,803 12022.. £619,229). Cash and bar* balance8 Ixkl lo £516.40412022: £1243.6951 Prlnclp•l Fundlng &>urc 8tNces free of tharge for¥*ith w• we ¥•ry th•rthA. Inv••tsMnt Polky The INst••s h•wJ a low4i#k aFpJtt• Iw in￿81￿ ¥•J ar• nyffid to 4 d•pw)Jit a(%>￿nt for a R•••NM Pollcy The ¥•k￿ of I•￿￿#￿ hold at thè 3111 21Y23 ThYr• £3.585,9B5 {2022.. £3.388.8811. Of th•. th• fr rnwrbiis •quat•(I to £2.137 (2022: £22.7551 Th• tru8ts•s have the of reqwed hMI c4xKILvJ•d that due to the natwe of thi¥ proiect and the InW•rr￿tlti0n •tag• lh• charity i• ffi. rK* vath c•n ￿ atsWgr￿d to ts rwulrnd level a8 411 current and futur• fur)d$ are bw'ng u￿d ft>r the woJ•(* TnMt•es ar• knel of r•8arv•$ in dotsil at their ry)nstru¢X¢Jn phaee and bffjfond. Pl•n• for Futyr• P•rfod• . Fonnalty apw.nt a maln . Agree a fixed pri￿ for t￿ main (l￿￿l￿.5 s8r¥Kfjs ryluding the c¢n8lruclitin (rfth• rrK)biu• 8tr1p. . Develop 4 detaikd fundrai•ing strat•gy pkn lo th• 2024 to 2028. . Appoint archtt8th ar•J ueate a design ts tha Lwtr•. Gov•mlng Docwnent Elemal W811 of Answered Pw•r is a Regisknd •KI a c￿nY Liitad by Guarant•• aho ha8 2016. ETERNAL WALL OF ANSWERED PRAYER TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 ElV￿lIeth Anne de Leyser Ric*wd Molloy Oa¥i¥ Roger Button Nic4Jla Patel￿n Gary S￿r Thomas Eva Arthony Bannanksnmlh Pwjl Tumor {Rwyd 1 NO¥ern￿ 2023) (AppLMnted 1 May 2023) (*wcirt•d 20231 into tru81. Pot•nttal trLtyt••• go in1•n•1￿ Mrt•f¥ry6w we<*•# arty apwntmant 18 mad• in lir* wtth C￿r Mèmrandum and Arb"dety of Aswiabm. indLK*on pr￿￿85 •rourn8 that tru8tee8 arè abla to contiibute at tho earlie•l opp)rbJnlty ar#J r•knnt training kn gr¥•n ￿ wtirwl. R••pon#lbllltl•• ol Tru•l• abKl• by tharlty and othw r•thnl law. The tru8t•e8 ar• r8epr￿albI8 for préparing tho R•wt •KI FirwKid Staterr*ni• in al￿rdanCe ¥Mlh the ¥*pli￿bI• •nd UK Accounting sI￿d*v￿& C¢)npany law r•quirn8 tho any VKI thwn lo en8Lrt that the finwKial statemwrts c¢mply V•th the CompaniesArt 20(11. 11 is the It¥￿n$1b1Ity rrf trustees to also L* r•8p)nwt4• tr safeguarding the as￿￿ of the tharita￿a company and its SUb￿dIary. for tskn'ThJ reasonablè step8 for pr8lWrtKxi aTrl (letecli￿ of fr*A. to regujarty review th• risk register and to hc4d th• •xewb¥e team to acwjrt Rl•k *nagement . The need to keep costs wilhin *)r￿ c¢8t . The ri¥k$ to the organisab.on ofar4Wtiry a nwi c(N)tra¢kn. . Oryanisational pwfornwK¢ . The tethnokqy stratagy ETERNAL WALL OF ANSWERED PRAYER TRUSTEES. REPORT (INCLUDING DIRECTOR'S REPORT) (coTrifiNUED) FOR THE YEAR ENDED 31 DECEA18ER 2023 Oryanl•atloMI Stru￿rn The tnJ8t brwd a nwrmnwm c* fwr lirrn8 yow. The day to d8y of ¢xganL8alon has béen ddegale(I by the trual boaryj to the Fourthr vtho th8 SUp￿￿t of ￿ exo(xrtive team to ensure yrats.onal actiwtifjs are effiLwt aryj eff•*e. Str￿ (IKrt¥w to devthw •$ aTrJ in re8pon8e to the thanging demands of the proje¢ Audltor In accoTdanc* th th• c¢nyn*s artides. a wy>sirwJ that LirrMl•d b• r•appoint•d 08 ￿dItor of th• c))mpany will bè put at a Gewal FAoetw Dal•.' .4th J￿Y 2024 ETERNAL WALL OF ANSWERED PRAYER INDEPENDENT AUDrrows REPORT TO THE TRUSTEES OF EfERNAL WALL OF ANSY￿RED PRAYER Oplnlon Vlts havo audited tr* ffinaroal statWT*ts of Etwnal of Arw*er&J Pwer Eharil*le Conwy'l and sUbS￿rarieS (the '(*Np'l year erKled 31 Deeemter 2(r23, whth cJJnprise Ihe Statement of Financid Act￿rt￿. the Balartt SW the statem￿ of Cash FkA¥8 and the related r)otes. indudirvJ a sumrnary of S￿n￿Kant axountsry ￿￿1cleS. The fmancd Te￿w￿bn9 frarn￿rk that has b&n applied in their preparation is appI￿ab￿ Lav United Accounting Starxlards, includirvJ Financwl Reporting SiaTrJard 102 The FinaneAal Repthg StaTrJ¥d appl￿ble in the UK and Republ￿ ol Irdand, {United IQ'wI￿n GenaraNy Ao*l Pr&#icel. In cvr opinw)n the finanrial str1￿lts. gNe a true aThJ frair of the state of ￿ Group'$ * Charrt￿￿ Compan￿$ affairn a$ at 31 December 2023 arKI of the Gnjup's ts incjyning (88wces aKylKthI of re*yx¢es, ￿￿jIng its income arKI expenditure for the year then Prxtice, B••l• foroplnlon We ¢onducted our audit in *ith Intwnatitrk4 Stand¥d8 Auditing IUKI IISAS {UK}l and aFplicable law. Our re6pons**ilrtie8 under slAr#ja￿S a￿ fw1htt desc*knd in Auditor¥' resporribilities for th¢ audrt of the finanual statements 8ec*on of our rq)rrt ￿ we of the Gro￿ arKI Charitable Company in accorda￿ wth the ethKal wuirnments that *e relevwrt to a￿]11 of the finan0* Stat￿nents in United Kingd¢yn. irdudiryd ts Finarvial Rewxts'ng Ethk21 Stsndard and we have fulfilled our other ethul respon￿bIlitIeS m xcordarth with these fequireffthts. lh* the athltt eviden¢a we have obtained is suffi¢Mt ar*J wn)pnate to prfrrfNJe a baws cpfft*)n. Con¢lu•lon• r•l•tlrvJ to golng conc•rn In auditir#J the ffinaroal statanents, h*e COrKI￿ that the Tr￿te88. u88 of the gcATrJ concern ba818 of Condi￿n8 that, indivhjualty or ry)Ilthety, may ￿$1 s￿n￿l￿nI dtyjtrt Group and Charitable Company's abilty to Conts'nue as a 90ing a wM)Y of at 10961 twefve m(xths frun wh8n the financial gtatements aw authorixd for i8Jue. Our rew3ibilitie8 aThl thè ralp(￿li￿liti0ts d the Tnmtees *ith respxt to gciTr3 corKwn degxbgj in the relwant sections of this Oth•r Inforniatlon The other infoffti*K¥) eC4nrrftses Inf TO THE TRUSTEES OF EfERNAL WALL OF ANSWERED PRAYER Audltor•' r••pon•lbllltlM lor th• audll of th• flnanclal 8tat•m•nts frLYn material misstatement. whÈthw d￿ to emy, to iSSt* an Auditrys. Ropxvt that i￿ludeS cyJr o￿niOn. Rea￿able assuran￿ is a hvJh of assurartt. txrt ts ncA a guarantee that an audit ¢orbdUCt￿ in accorda￿e with ISAS IUK) will ak¥ays d&ect a rnate￿I MISStatw￿ when it exists. Misststemenls can arise from fraud or error and are cffisiderÉd JnatÈri4 it, i1￿￿1#1￿•1fy c* in Iho ￿￿￿al8. ttw Ix)ukl r8asonabty b Ifregulwities. irKI￿J1￿ fraLvJ, we Insta￿ of Th)rFc4Xn￿I￿e with WKI regulat￿8. Ive de*gn pr￿ed￿re3 lir* with w respcwbilitns. t￿￿lne￿j the, to dele¢t matwi* misstatements in respect of irregularities, Kluding fraud. The extent to whth our p￿￿dureS we of det&*'ng irregukrrtw. including fra￿1 is exper￿￿ of Ihe Chanty 8&tor, the finawal Stateme￿ or the cperation8 of the Charit*le Company, including the financial reportiro legtslati)n. Cc#))panios Act 2LTh. laxalion kgislatK)n. ant￿11￿. empl¢)yment, and assessed the exlent of with the I￿ aThJ regulatK)n8 hJ8nbfiod ab)ve thrO￿h making Klenltfied aThl wuktv)ns wrthin wjdit tewn regulaty and the team remained alert to instsnces of lh1￿#￿￿t the assessed the suswthbilty of tho Gr￿P ar¥J Ch¥rit¥bl• Crynparry's finwwl to mat•rial Mi￿lateMeftt, indLKlirvJ obtsinrTrJ ￿ urhjerntandry of fra￿1 mpjht cwjr. ty.. making enquirie¥ of manwent as lo tAI)we tlw (X)n8h18rn￿ tlwe was wwitxlty to fraud, their kn(wAedge of a¢tua. suspect*J aThl allw fraNJ.' ald InsderirvJ the inteml c(￿5 in plxe to mibgate risks of frwd nc#Kfynpliance wth and regulalK>n8. To •Jdress the risk of fra￿1 thrrjffjh mwwJwnent lyas tyenide d CLYrtrol#, **.' perfom)ed anatytical pr￿ed￿re5 to Id￿ ary unusual tx urnxpe(thl Idali(￿sh t¢st¢d joumal entri¢¥ to ithlify unusua indicative of pclentia tm'as" and investi9aled the rati(Ysale behirnj unw4 ETERNAL WALL OF ANSWERED PRAYER INDEPENDENT AUDITOR'S REPORT (coKfiNUED) TO THE TRUSTEES OF EfERNAL WALL OF ANSWERED PRAYER In response to the risk d irrgjularilies and Tmih W aThl rwJd*icTh. deSIgr￿ prwedu vthich induded. but **re thmiteAI to.. reading the minutes d rneetings of th￿ wrlh g)vemw', enquiring of marwgern￿t as to artua aTrJ kxrtwibal Iitsgat￿ cl￿. Because ol the inherent limrtatK)ns of ￿ aLKfrt there 15 a risk that we wlt not detecl all irregularitw, induding those leadirKJ to a rnaté￿ misstatwnMt in finwKial st&eme￿ or n￿<0MPlI8￿ce with regulaticn. Thk8 risk increases th8 mcye that cJual r￿d0[ aThl are measured at the fair Vall￿ of th revenue arn reoJgni88d in th• Fxriod in the rdated cosls ar• r•ts>3ni#ed. Grants relating lo 14- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKrs {copiriNUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Accounllng pollGI•• IContinu•d) Donated professtonal $8Trices and Paolrfios are rwrd8•J a8 irKom8 kn the tharity hag t￿ntr over the item, any c¢ndth$ as#￿ated dtywted it￿n t￿an m8t. thè re￿Ipt of 8(￿nomiC bonefft trom the use by the d￿rrtY of the item Y4 ￿ *¥J that ￿)nOn￿ benefit eAn be measured ralp￿Y. In aD*rdar￿e wrth tho Charth•s SORP IFRS 102), the tirm (w tcward8 tho projec* 1$ not thoir ¢ontrilyJlion.. 1.6 Exp•ndlturn JI eXFend￿Te 18 Y•c¢wM•d onc• th8Tr IB a l* oLligatsc￿ lo th•t oxpndmure, tt Is probab settkm8nt 1$ r•quir*d the arf￿ftt w be meawTrJ r8h*y. AM c48ts are allocalod to the app1K•￿e •xwnditure heading thot aoJr•gatè similar costs to that ¢ole9Ny. V4*￿e costs C4MOt b• directty attributod to parb"cular heading8 they havo been ak*2tod cm a bw"$ Carristent with th• u8• of r•styJrce#. with cwrtral Stsff . Other SUFlJOrt c￿ts ar• dI￿Ated ba8od on th• swead of 8taff o)sts. charfta￿e exp8ndlture rAnVI￿• th0￿ colts In￿rred by the c*aiity in tr*• delivery of its athviti•s and rvic¢8 for it8 b8n6ficiaries. 11 irK4ude8 both ¢)xts that c•n b• alk¢att•J diroL* to suth and those QBl$ by the ts'mo 4*nt costs lry u¥•g•. IA T•nglbl• Ilx•d a•••t• Tangible fixed a888ts ar• Inibaly at crnt rr*•wr•d *t c4)•t or valu•tion, n•t of d•prerAation And wy impairm8nt10$8••. D•pr•¢latton h rnCAwnlsed w a8 trj off th• c%•t cr vakth ola•80ts F81• tr￿1r ￿l¢k￿l ovèr th￿r u•efiJl live8 on ts folk￿"nO baw.. Leasehold land L848ehold inv0￿ments A88èt$ undw umtru¢*on and the ￿nYing value ofth• a$8•L and in reoignwl in tho 81*emert of finartial 1.7 Im￿lm￿rt of fflx•d a•••ts At each rewjrting tYat•. the tsity r•¥4wA lh• canying WK#a)ts Df its t•nglble 8•gota to d•t•fmlnè whether thgre is any indcabon that those assets haw Arf[*￿d ￿ impamwnt k)$8. If any suth Ind￿￿10n exists, the rer3)verable atrKunt of the assal is estim•ted in rthr to detemmne t1￿ extent of the impaim)ent ss frfffji. 1.8 Ca•h and ¢•ah oWval•nts Cash and (xsh eqLHva1￿ts Ind￿18 cash in haryj. depo8rt8 held at rAI b#nks. other short.torm liquid inveslments with on9inal thrEe mc¥th LY less. ar#J tr￿k o￿ttra￿. Bank o¥thRs are Shthvn 15- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED> FOR THE YEAR ENDED 31 DECEAIBER 2023 AGc(wnlSng poll¢l•• IContlnu•dl 1.9 FIMncl•l In•trumonts 'Other Finanraal In5trw￿ Is¥u￿, ol FRS 102 to al of its fin￿411 in*n FIna￿al in¥trumOr￿ aTO re(ywi•ed li th• theet T*t*) tho ￿rity bw)Ths party to the FinafKial a88ets aNI lia￿l￿ets are off#eL *ith tr* rnt presented in th• finanual 81atemonls, when Ihwg is a18galty enlorceable nglrt to 8•t off th• r•c(wsed a￿￿UnIS and thère18 an Intentlon to 8etVe on a net B•8ic finar•>o1 aslets, in¢*>J• dJbt(xJ and (xth aN1 barlt balancas. are In￿allY m?asured al transac*on pri(? ind￿1￿j tran¥•L*l￿ c*)sts and •J• ¢oni•d at all￿fI￿d cost using the eff8th.ve dA88ffled ai rec*ivable yèar *• 8nMJll*l. val￿ ol IM fuknN• p•yments 1*X￿ntsd at a math8t raté of intrrnt FinwKaal Ii4NrtM daswfiod as pay•bl• rabon8 from AnKwrrts pgyaN• ￿ das¥fi•d as rAfftnt lats"litses rf FAyrnnt 18 duè vnthin one year or le88. If not. they •rn y?Sen￿ as li•bthb•s. Tr•kn ugditry8 are rec¢gni••d inthally al FInar￿la1 liabbllll•• ￿ dw•wA••d (XmIrx￿ oblbg4kn8 •xpKe or arn dlstharged or canc*ll•d. 1.10 Employ•• b•n•fft• 1.11 R•tlrwn•nt b•n•fits 16- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKrs {coNriNUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Crltlcal aGcounllng Mtlm•ts• •ndJudgww In tho appfication of the •>yJJntirwJ pthdes, th• trLOteo5 ¥• requlred to make judgements. e8llmalè6 and a¥¥umptsorM about the rnnt of assats arKI lab￿rtieS that are ￿)t rgadity appoygnt from other eatimates are reo)gThsed in in wt4ch th• e8tim8te 18 r•wsed Trh*ere tlw rewsion affe(*8 only that od8. T¢)tsl furK 2023 2023 2022 Don•ts'oM al￿ grft• Govomffwrt granls Don•t•d goods ar 4n,$83 2.￿8.524 2.539.107 308,988 1.162.115 4.706 1.469.103 4,7( 40.522 40,522 15,978 86.501 12.849 74,301 12,849 Gfft AJd t¥x r•d8lmed 15.978 488,$81 2.107,046 2.595.607 391,014 1.109.915 1,580,959 Trndlng Incom• Tr•dlng Incom• 2022 2023 150 Inv••lm•nts Unr••trlthd Unr•8trklad d$ 2023 2022 Bank Intsr￿1 & other interest 6.807 17- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Unr••trfctsd Lthmtrlclad fund fund8 2023 2022 othgr inmr othar salos 5.155 533 6.481 37 6.518 R•l•lng fiwKI• Unr••lrl¢l•d Unre8ldcled fimd• fLmds 1023 2022 Fundraiwng 8•M¢￿* PrOcxs￿n9 Other fundr*ging ¢)xl• 4.835 4.186 2.9S0 3,707 2.875 Fundra181NJ and putAiraty 11,751 6.382 Cost of gocth •okl 11,751 18- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATeMeKrs (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Charltsbl• actmd Bulkl Bulld Mtl¢)n•l Mtlonal l•ndmark knndmark 2023 2022 Staff ¢os Dewea'ab'on and inwlmxnt R￿1 2￿.838 144.541 1,702 21,686 1,913 12.516 2,073 95.906 130,559 5,086 {15.0421 887 5.235 159.217 1.031 3,131 Administration expenJ•s Marketing a publicity PIDle8si0r￿l, lryal & Planning fees VAT di8allowod Bank 178,502 373,146 27,201 1.333 8.484 1 $9.725 TT9 1.685 47.009 Loan interrtt pakl Light & hoat Events Sundry expan￿9 Rgcruitm•nt rosts Sh• maint•narK• M¥in road 9.298 19.979 4.232 4.784 1.281.178 2,389,409 e04,585 Sharn oftyiv1m￿ I￿ {wi note 9) 8,643 7.898 2.398.052 612.283 An•ty•h by fund Unre8thc*ed fund# ReJtnc*•ntrath. 12 Taxatlon ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 13 P•n•lon Cmnlttmw Contributlon$ lotallirvj £734 (2022 . £3281 to th• fixhy at the bkn date and are induded in u•ditor8. 21 ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2023 14 T•nglbl• Flx•d A••ots L•whold L•nd and Improvm• Charty C4)•t At 181 January 2023 A￿d￿'on# 1.71X),I 1￿.720 1.7(h),(MX+ 108,720 At 318t December 2023 1.81￿.720 1,8C6.720 D•prncl•tlon At 18t January 2023 DapredalM?n tharyJe for the y•ar 2,127 2.127 At 31st DeCofflt￿r 2023 5.607 Carylng amount At 31st December 2023 1.801.113 1.801,113 AM•t• und•r con•tructlon Charlty Co•t Al 1 $1 January 21r23 Addition8 542.702 752.489 542,702 752,489 At 31st DeCem￿r 2tr23 1.295,191 1.295.191 D•pro¢latlon At 1st January 2￿23 OepreciatK)n charg8 for tho yoar At 31st Decwnbor 2tr23 Carrylng amount Al 31st DKember 2023 1.295.191 1.295,191 Tot*1 Tanglbl• Flx•d A•8•ts 3.096.304 The cost of assets under constnjdion relates mainty to th8 C05t of wdessx)nd fogs for cg)n8truction of the mobius strip. 3.096.304 ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEAIBER 2023 15 su￿Idi￿rI Th8 charity v•ffls 1th of the issued sh•re captal Comp•ny Inv••tm•rrt •t Etemal Wall IOpwatTh8) Lwnited 1CM) Summ4ri80d fin•n¢441 rejults of Etem81 Wall IOFWatLTh) Limrtod ICrynp8ny RegKrytTation 105425211 are set out below and are Ind￿ In the con•Oli￿ SOFA All acliffttw r•l•t8 to (y)ntinuir operations'.- 2023 2022 Turnovor Other incom Co81 of salo8 Othw tharges 5.515 28 Profrt l (Loss) 5,487 128 28 (5,5151 LiabilTtK88 1281 Shareholders, funds 100 {5.487} ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEPAENTS FOR THE YEAR ENDED 31 DECEAIBER 2023 16 D•btor• Ch•rlty 2023 2023 Amounts falllng dw T*lthln on• y••r. Trade debtor8 Amounts (yA*d by subsithary urthi*iTr Other debtors 618 1.224 3.768 1.224 5,515 62,151 5.194 78,711 1.050 82.151 5.194 73,SS1 1.050 78.379 78,379 74,084 8rKI arg rgpayable on demand. -24- ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEAIBER 2023 17 Lo•w4 and ¢)wrdr•ts Ch•rlty Bank loans 25,833 35.833 25,833 35,833 25.833 35,833 25.833 35.833 P•yabl• vAthln or*J y•v Payable after one year 10.000 15,833 10.000 25,833 10.000 15.833 10,000 25,883 18 Cr•dltorn: •mounl• f•lllng du• T*Athln on• y••r Chaflty 2023 2022 84nk loan8 Other taxallon, sixsal •KI Trade credrtors Ottw ry￿1110 10.(KX) 5.257 43,693 10.(NJ) 1,240 88.17T 10,OCKI 5,257 43.893 10.000 1,240 88,177 29.011 29.011 89.349 158.325 89,349 158,325 19 Crndllorn: amounts f*lllng ift•r mor• on• >wr. Charlty 2023 2022 Bank Loons 15,833 25,833 15,833 25,833 15.833 25,833 15.833 25,833 bonk ￿an is Unse￿rejj and Tepayth over 8 an intwgst rate of 2.5% pw annum. Iliillii Ig8- i[1 Ob) ,[! Illlf!IIIE • r* blo qo ETERNAL WALL OF ANSWERED PRAYER NOTES TO THE FINANCIAL STATEMEMfs (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2023 Rlch•rd Gambl• Paymenls were nmde lo R & S Garth ConvAlb"ng. 18 8 bAinoss part by Richard Gambl&, in r•sp8Ct of consuttancy $8r¥K•5 sup&lied to the ¢*wrty. of £87.C67 12022 £82.3981 At the balance sheet date th• amounl du8 lo R & S Gwnbl• £237 (2022 £Nlf). IAlchad l•on P￿rnents were m•de to Ixm M•n•gwixrt ser￿ Ltd. *tach r3 a compary tslat PAicha•l Ison (Y4WS 50% of th& issued share Ca￿al a￿1 SuF￿￿d ao)yJrting, and managthrthtt 8UPPOrt to the cl)arty. of £35.044 12022 Q7,2741. At tho bfjl￿ •tr081 d* th• tt> m￿lle11￿t Ltd wa8 £4.888 {2022 £3.7291. Gary 3pSc•r Oonaiions of £491.thJO 12022 £1.1th).000) frcrfn Th? Day Umltets a nJ9lthr•d ¢harty and company knnNt•d ty guarant•• ¥Jl)w• Gary Spicw r& also a and tru¥t••. This i￿jud9￿ ¥ r•strided dorwticffl of £179,OLN) (2022 £800,000) tv*8rdb ¢>)nkn￿efi eo8ts and £312,000 12022 £300,000) ow•bty Atth• b•LvK* •h••t d•1• £NI12022 £Nill dcrth ww• acuuinq to tho Chonty. G•mbl• PaYm￿ts ol £840 12022 £Ntl> d•la •rdyw's tAwe ft¥J• to Jwnes Gwbl• *tho i• the ol Rkh•rd GarrtJl•. At the b*l¥v SI￿¢ d•t• IIKI WIK￿ lo £frI112022 £NII. During th8 year, the Charty (lorthKTh *thyJt frryn rfjl•t￿ PArtlos totAIWng £251.300 {2022 £10,000) 23 AnIty￿¥ of C￿n￿•• In n•t lund• Al l Jwry e••h At 11 D•o•mb•r 2023 Cash at bank and in horyl 1.243.695 In7.231) 516,484 Loans falllThJ due withln on• year Loans f8Hir*J after nbxe than ¢n• )*ar 110,¢X)01 (25,833) 13.774 110,0001 {1 5,8331 1.207,862 (704.731) 490,631