COMPANY REGISTRATION NUMBER.. CE010746 CHARITY REGISTRATION NUMBER: 1174207 Gospel Patrons UK Charitable Incorporated Organisation Unaudited Financial Statements For the year ended 31 December 2024 Gospel Patrons UK Charitable Incorporated Organlsation Flnancial Statements Year ended 31 December 2024 Pagè Truslee5' annual report linrx)rporaling the direclorf5 report) Independent examinerfs report to the Iruslge5 Statement of financial activib.es (including income and expenditure account) Statement of finarrial poshion Ntstes to the finana81 statements The followlng pages do not fomi part of thè flnanclal statemènts Detailed slaterrent ol finarKial activities 12 Noies lo th8 detailed siatement uf financial activitie5 13 Gospel Patrons UK Charltable Incorporated Organlsatlon Trustees, Annual Report (Incorporatlng the Director's Report) Year ended 31 December 2024 The Iruslees have adopted the provisioris of the Siatem9nl of Recommended Praciice ISORPI 'Accounling and Reporting by Charits"es° in prep811ng the annual report and financial stalements of the charity for the year ended 31 De￿mber 2024. Rafèrence and admlnlstrative detalls Reglstèred charity namè Gospel Palions UK Charity registration number 1174207 Company registratlon number CE010746 Princlpal ollice and roglstered olllce CIO Orch8rd Lea B8yWOrth Lane Boars Hill Oxford OX1 5DF The trustees Mf S D Pillar Mr 8 Stone Mr A H K Sachak Mr S H W Pilcher Mr D McKinlay (Appointed 1 De￿rnber 20241 (Appointed 5 D￿ernber 20241 Independ8nt èxamlner Alistair Russell FCA Gibson Btx)th Chartered Accounianis New Court Abbey Road North Shepley Huddersfield HD8 88J sirvcture, governancè and management The charity has five trusloes, S D Pillar, A H K Sachak, B Stone, S Pilcher and D McKinlay. The Trustees rreel as needed but as a minimum, at least quarterly, to conduct general Charity business. In 2024. the chaiity had one ernployee and one consultanl who coordinated ne￿OrkIng events in Ihe UK. Obltctlves and aetlvltles The object of the Charitable Incorporated Organisalion ICIOI is, for the public benefit, Ihe advan￿ment of the Christian faith, principally (but without limilalionl by ihe leaching ol the gospel ol Jesus Chiist particularly 85 it relates to promoting the nCl￿eS ol generosity. The charity achieves these objects by hosting regular events throughout the UK which promote generosily amongsl business people and rninistry workers. strateglc rèport The followng sections for achievements and performance and financial review ftirm the strategic report ol the charity. Gospel Patrons UK Charltable Incorporated Organisatlon Trustees. Annual Report Ilncorporatlng the Director's Report) (contlnuedj Year ended 31 December 2024 Achievemènts and performance The charily was registered on 10 August 2017, and operated since April 2020. Throughout 2024 the charity hosted four events in the Cily ol London for business and ministry leaders. The average allendance ol these events was 82 and the mailing list lor the chaiily. through which il informs otheis of its work and shares resour￿$ Co[￿6[￿1n9 generosity to Christian ministry has over 500 contscts. The Charity hosted its second 'n8tional Gospel Patrons UK COnferer￿, in January 2025. Much of 2024 was spent in preparation for this event, including th9 curation ol conlgnt for the event and the formation of an attendee list suited to the event. Events Ihioughout the year showcased the needs and opportuTrlties ol olher Chiistian ministries in Var￿uS sectors li.e Missi work, Church Pl8nling and Ministry Tiainingl, and atEcdotal evidence shows that a number of those engaged with the chaiity increased their engagemenl with olhei Christian charitable work, eiltEr on a pro-bono work b85is, or through financial giving. The Trustees are of the opinion that the activities in the year have o)nlribuled to the objectwes of the relevant charities and have therefore Iken lor the public benefit. The charity has considered the Charity Cornmission's gUKlan￿ on Public Benefit. Flnancial review At the year end the charity had unrestricted reserves of £76.65312023". £72.8271. In(x)rne was £183,39012023.' £68,207). and was mainly made up of donations101811ing £136.63912023". £67.3951. Expenditure was £179,56412023.' £74,722). This was the fifth year o18ctivity for the charity. At the year end the charity had £56.547 in the bank. Plans for future perlods The charity plans to continue h05bng events in 2025. The charity will make plans to hosl a national Confe￿nCe which will take ace in earfy 2025. Res8rv•s pollcy The Iruslees aim lo mainl8in a level of unrostricted reserwes lo be able to cover overhead expenditure for at lea51 three month The reserves at the year end were £76.65312023.. £72,827). The trustees, annual report and the stralegic report WE￿ approved on Itustees by.. and signed on behalf ol the board of Mr S D Pi118r Trustee Gospel Patrons UK Charitable Incorporated Organlsation Independgnt Examlner's Report to the Trustees of Gospol Patrons UK Year ended 31 December 2024 I report lo ihe Iru51ees on my exatnination ol the financlal stalements of Gospel Patrons UK I'the charily'l for the year ended 31 December 2024. Respon5ibilitles and basis ol report As the trustees ol the charity YOLJ a￿ responsible for the weparation of the financial stalements in accordance with the requirements of the Charities Act 20111.the Act'l. I report in resFecl of my examination of the charity's financial stalemenls carried oul undor section 145 01 the 2011 Acl and in cairying out my examination I have followed all thg applicable Directions given by th8 Charity Cornmi5sion under section 14515llbl of the Act. Independent •xaminerfs statèmant. matter of concern identifièd In carrying out my examination I noted a lapse ol accounting records recording expenses. Supporting documentalion had not been kept on several wcasions for charitable expenditure. It was noted that expenditure toialling £625 did not have supp)rting receipts or Invol￿$, although it could be traced out of the bank. This expendituie has been included in the accnunts. The Iruslees are aware that Improved recoid keeping should bB kepl going lotward, tc) SUPFK)rt all expendilure. I confim that there are other matters io which your allention should be drawn to enable a proper understanding of the accounts to be reached. I confirm that no other tnatters have como tts my attention in connection with my examination gNing me cause lo believe that in any material re5￿Ct.. accounting records were not kept in iespecl of the charity as required by section 386 of the 2006 ACL. or the financial slalements do not aword wth ih058 records.. or the financ¥al statements do not cotnply with the accounbng requirernents of seciion 396 of the 2006 Act other than any requirement that the accounts give a 'true and lai¢ view whith is not a matter considered as part ol an independent examination., or the finarrial stalemenls have not been prepared in accordan￿ wth ihe methods and prirKuples of the Stalernent ol Recnmmended Practice foi accounting and reporting by tharities applicable lo charities preparing their accounts in accordan￿ with the Finan￿al Reporting Standard applieable in the UK and Republic of Ireland IFRS 1021. I confirm that there are no other matters to which your altenlion should be drawn to enable a proper undersiandir¥J of the accounts to be reached. Alisiair Russell FCA Gibson Booth Charteied Accountants Independent Examiner New Court Abbey Road North Shepley Huddersfidd HD8 8BJ Gospel Patrons UK Charltable Incorporatod Organlsation Statement of Financlal Activitles Ilncluding Income and expenditure account) Year ended 31 December 2024 2024 Unrestricted funds 2023 Total funds Total funds Note Incotnè and endowmonts Donation5 and legacies Charitable activities Invgsttnenl income 136,639 45,737 1,014 136,639 45,737 1.014 67.395 812 Total Incornè 183,390 183,390 68,207 Expendituie Expenditure on charitable activ￿leS Total expenditurè 179,564 179,564 74.722 179,564 179,564 74,722 Nèt Incomellexpènditurel and nèt movement In lunds 3,826 3,826 16.515} Rèconclllation of funds Tot81 funds brought forward 72.827 72,827 79.342 Total lunds carrled forward 76,653 76,653 72,827 The statement ol financial activities includes all gains and losses recognised in ihe year. l incorne alld expenditure derive from continuing activities. The note5 on pages 6 to 10 form part of these Ilnancial statements. Gosp91 Patrons UK Charitable Incorporated Organlsatlon Statement of Financlal Posltion 31 December 2024 2024 2023 Notè Fixed assots Tangible fixed assets 15 1.463 2,144 Current assèts Debtors Cash al bank and in haNJ 16 22,454 56,547 19,500 54,103 79,001 73,603 Credltor3-. amounts falling due wilhin onè year 17 3.811 2,920 Nèt current assèts 75,190 70,683 Total assets less Current Ilabllltle5 76,653 72,827 Net assots 76.653 72.827 Funds ol th8 charlty Unrestricted funds 76,653 72,827 Total charity funds 19 76.653 72,827 These finan￿81 statements were approved by the board of trustee5 and aulhorised for issue on on behalf ol the board by.. and are slgned Mr S D Pillar Trustee The notes on pages 6 to 10 form part of these financlal slatemènts. Gospel Patrons UK Charilable Incorporated Organisatlon Notes to the Flnancial Statements Year ended 31 Dgcember 2024 General Infom)ation The charity is a publr benefit entily and a registered chaiity in EnglarKI and Wales and is a Charitable Incorporated Organisalion. The address of the w'ncipal office is cjo Orchard Lea. Bayworth Lane, Boars Hill, Oxford, OX1 5DF. Statemènt of ¢omplianco These financial slalements have ￿en prepared in cThmpli9n￿ wilh FRS 102, 'The Finanaal Reporting Stand8rd Spplicable in the UK and the RepuNic ol Ireland., the Statement ol Rec￿mmended practi￿ ap￿iCable to charities preparing Iheir accounts in accordance wilh the Financial Reporting Standard applicable in Ihe UK and Republlc ol Ireland IFRS 1021 ICh8rilies SORP IFRS 10211 and the Charitie5 Act 2011. Accountlng pollcies Basis of prèpayation The financial statements have been prepared on th8 historical cost basis, as modffied by the revaluation ol certain finanaal assets and liabilities and inveslment properties measured al fail value Ihrough Income or expenditure. The finanpial slatemenis are prepared in sleiling, which is the functKJn81 currency of the entity. Golng concern There are no rnalerial un￿rtaInlieS 8boul the charily's ability lo continue. Judgemènts and key sources of e5tlmation uncèrtalnty The preparation of the financial slalements requires management to make judgements. eslirn8tes and assumptions that affed the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations ol lulure events that are believed lo be ieasonable under the ciicumsianw. Fund accountlng Unreslrided funds are av8ilable for use at the di5cietion ol the trustees to lurthei any ol the ch81ity's purposes. Incoming resources All Income is included in the slatemenl of finanaal aclivilies when entitlement has passed lo the ch81ity, it is wobable Ihal the economic benefits assopialed with the Iransaclion will flow to ihe charity and the atnount can be reliably meaSu￿d. The following specific policies are applied lo particularcategoiies of income.. ineA)me from donations or grants is r￿nISed when there is evidenTr of entitlement to the gift, le￿ipl is prObat￿e and ils amount can be rneasured reliatjy. Other income from charitable 8ctivilies relates to the yomsion of staff serviees. Resources expendèd Expendituie 15 recognised on an acctuals basis a5 8 liability is irKuired. ExpenditLJre indudes any VAT whth cannot be fully recovered. and is classified under headings ol the statement ol financlal activities to which il relates.. expenditure on charitable activities ir￿udeS dl (x)sts incurred by a charity in UTKJertaking activities Ihal further its charitable aims for the benelil of ils beneficiaries, including those support costs and cosls relating to the governants ol the charily apportioned lo Charita￿e activ￿tIeS. other expenditure includes all expgrKJiture that is n￿ther related to raising funds for the charity nor part of ils expenditure on ch31itable aclivilies. All costs ale allcuted lo expenditure categories reflecling the use ol the resourc& Direct costs attributable lo a single activity are allccaled directly to Ihal activity. Sh8ied costs are apFX)rtioned b8tween the activities Ihey conliibute to on a reasonable, justifiable and consislenl basi5. Tanglble assets TarKJible assets are ini118lly recorded al U)St, and subsequently slated at cost le55 any acLumulated depreciab.on and impairment losses. Depreciatlon Depreciation is calculated so as lo write off the cost or valuatitsn ol an asset, less its residLJal value, over the useful e(x)nomic life of that assel as folk)ws'. Computer eqLJipment 20% 51r8ight line Gospel Patrons UK Charltsble Incorporated Organisatlon Notes to the Financlal Statements (contlnu•dJ Year ended 31 December 2024 Accountlng policies (contlnued) Flnanclal instruments A financ4818ssel or a finall￿37 liability is reo)gnised only when the entity becomes a party lo the contractual provisions ol the inslrumenl. Basic fin8rri81 instruments are initially recognised al the amount re￿Vable or payable including any rdaled transaction costs, unless the aii8ngemenl conslilules a finanano transaclion, where il is recogni5ed at the present value ol the future Payments discounted at 8 markel rale ol interest lor a similar debt instrument. Defined contrlbution plans Conlribulions to defined conlributK)n plans are recognised as an expense in the perh)d in which the related Servi￿ is piovided. Prepaid contributions are re(x)gnised as an asset lo the extent that the prepayment will lead to a reduction in future payments or a cash refund. Vlthen eontribulions are not expected to be settled wholly wthin 12 months ol the end of the reporting dale in which ihe employees lender the related service. the liabilily is measured on a disr￿Unted piesent value basis. The unwinding of the discount is recognised as an expense in the peiiod in which il 81ises. Donation5 and legacles Unrestrrted Funds Total Funds 2024 Unrostriet Funds Total Funds 2023 Oonations 136,639 136,639 67,395 67,395 Charitable activitles Unreslrieied Funds Total Funds 2024 Unreslri¢l8d Funds Total FUTKIS 2023 Other I￿rne from charitable actwilies 45,737 45.737 Investment Income Unresiricled Funds Total Funds 2024 Unrestrieied Funds Total Funds 2023 Bank interest r￿1Vable 1,014 1,014 812 812 Expendlturè on charitable activltles by fund lype Unreslricled Funds Total Funds 2024 un￿strICted Funds Total Funds 2023 Provision of resour￿$ and promobonal o%ls. indLNJing events Donations Support costs 47.698 47,698 18,089 550 56,083 18,089 550 56,083 131,866 131,866 179,564 179,564 74,722 74,722 Gospel Patrons UK Charitable Incorporated Organisation Notes to the Financlal Statements (contlnued) Year ended 31 December 2024 Expendlture on charltable actlvlties by actlvlty type Actwities undertaken directly Support costs Total funds 2024 Total fund 2023 Provision of resources and prornolional costs, induding ev9nt5 Donab"ons Governance eosts 47.698 129,738 177.436 71,992 550 2.180 2.128 2,128 47,698 131,866 179,564 74,722 Analysls ol support C03ts Travel Tot812024 Total 2023 Staff costs Geneml office Governance costs Travel Consultancy 66,921 3,219 2,128 4.088 55,510 66.921 3,219 2,128 4,088 55,510 3,512 2,180 616 49,775 131,866 131.866 56,083 10. Net incomellexpenditurel Net incomellexpenditurel is ststed after ¢hargingllcreditingl'. 2024 2023 Depreclation ol tangible fixed 85sets 681 681 11. Indepgndent examlnatlon feès 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements 2,128 2,180 12. Staff costs The total staff costs and employee benefiis for the reporting peiiod are analysed as ft)Ilws'. 2024 2023 Wages and salaiies Social security costs Employer conlribuiions to pension plans 57,467 7,579 1,875 66,921 Thg average he8d count of employees during the year was 1 12023.. Nill. No employee received e￿￿oyee benelits ol more than £60,000 during the year12023'. Nill. 13. Trustee rernuneratlon and èxpenses No ￿muneration or other benefits in respect of servi￿S provided lo the Charity were received by the Tiustees from the Charity or a related entity. No Trustees exFenses have been incurred during the year. Gospel Patrons UK Charitable Incorporated Organlsation Notes to the Flnanclal Statements (continued) Year ended 31 December 2024 14. Tangible fhxèd assets Computer equipThent Cost At 1 January 2024 and 31 December 2024 3,404 Depre¢iation At 1 January 2024 Charge for the year At 31 Decembèr 2024 1,260 681 1,941 Carrylng amount At 31 Dècember 2024 1,463 At 31 December 2023 2,144 15. DèbtOTS 2024 2023 Prepayments and awrued Income 22,454 19,500 Credltors.. amounts talllng due wi¢hln one year 2024 2023 A(Lruals and deferred income Other creditors 2,453 1,358 2,000 920 3.811 2,920 17. Pensions and other Post retlroment beneflts Defined contrlbution plans The amount recogni5ed in inctimo or expenditure as an expense in rel81ion lo defined conlribulion plans wa5 £1,875 12023.. £Ni11. 18. Analysls ol Chariiable funds Uni•strlcted funds Al 31 De￿rnber 20 At 3 January 2024 Income Expenditu General funds 72.827 183,390 1179,5641 76,653 At 31 De￿mber 20 23 Al 1 January 2023 Income Expenditure General fund5 79,342 68,207 174.7221 72,827 Unrestricted general funds are available for use al the discretion of the Trustees In the furtheran￿ of the general chaiilable objective5. Gospel Patrons UK Charitable Incorporated Organisatlon Notes to the Financial Statements (contlnued) Year ended 31 December 2024 19. Relatéd partles DurirKJ the period the company received donations of £31,250 and £nil12023 - £14.000, £35,485, £nlll respectively from S D Pillar B Stone and S Pilcher. £920 was owed at the year end12023 £9201 to First Fmits Gospd Foundation, charity in which S D Pillar is a Itustee. A service agreemenl was entered into during the year with First Fruits Gospel Foundab"on to shale the costs of a subconlraclor, of £55.51012023 - £39,815). 10 Gospel Patrons UK Charitable Incorporated Organisatlon Management Informatlon Year ended 31 December 2024 The following pages do not fomi part of the linanclal statements. 11 Gospel Patrons UK Charitable Incorporated Organlsatlon Detalled Ststement of Flnancial Actlvltles Year ended 31 December 2024 2024 2023 Income and endowments Donations and legacies Donations 136,639 67.395 Chariiablè actlvltles other income trom charitable activities 45,737 Invèstment irh¢om* Bank Inte￿St reTrivable 1,014 812 Total Incoma 183,390 68,207 Expendlturè Expenditur8 on charitable activltles Purchases Wages and salaries Employerfs NIC Pension costs Other rnotorAravel costs Legal aF)d professional fees other office costs Depreciation Evenl o)sls Donatitsns 4,386 57,467 7.579 1,875 4,088 57,638 2,538 681 43,312 5,534 616 51,955 2,831 681 12,555 550 179,564 74,722 Total èxpèndlture 179,564 74,722 Net incomellexpenditurèl 3,826 16,5151 12 Gospel Patrons UK Charitable Incorporated Organlsation Notes to the Detalled Statement of Flnancial Actlvltles Year ended 31 December 2024 2024 2023 Expenditurè on charltable activltles Provision ol resources and promotional costs, Including èvents Acllvilies undèrtaken direcuy Promotional resources, videos atKI b(KJks Event costs 4.386 43,312 5,534 12,555 47,698 18.089 Support costs Wageslsalaries Employerfs NIC Pension costs Travei costs Consultancy Other office cosis Depreciation 57,467 7,579 1,875 4.088 55.510 2,538 681 616 49,775 2.831 681 129,738 53,903 Donation5 Actlvltles undertaken dlrectly Donations 550 Governance costs Aco)unlancy f 2,128 2.180 Expendilure on charltable aclivltlès 179,564 74,722 13