CharIly￿SIr￿lIon 11780 Compony Re*tr<*n lthi.098M330 (Erylond wo￿) John G Lake Mlnislries UK & IE Lld Annual report and unavdlted flnanclal statements For the year ended 30 November 2024 John G Lake Mlnlslrfes UK & IE itd LEGAL AND ADPdlNISTRAIIVE INFORMATION D￿e¢￿S kev C Magu RÉV MMogw* RevCWÈ RevGEI Rev S l M s11￿[￿￿￿ LJA$￿kYi Chth nLYnbw tEnOOnd*￿d Wales} 117WIg Compary number D989 Ine Lorg lfroiii Bokj Oxt(Kol OX44 gPU 1nd•p•nd•nt•x E15tree Hw5e Wo1￿￿.5 ¥ord ghstreet Cotrenhotn C(rt￿￿ge CB24 eRX John G Lake Mlnlslrfes UK & IE itd CONTENTS Di[ec￿5 r2F Ind¢pendent exar¢*￿sle￿I Notes to firK￿C￿S￿￿ttwnenls John G Lake Mlnlslrfes UK & IE itd DIRECTOR'S REPORT FOR THE YEAR EAIDED 30 AIOVEAIAER 2024 TrE Drecl¢*5 pre5enl t￿£￿0￿￿01 let￿ ond firxxthstalemenls I￿l￿e Ye(Yf￿￿j￿NOvernbeT ￿?4. Thg linawKA rlatorngnts bggn wop(wdin acc(Y a'e lew fu 1￿M Invetlmenl ol ltrÉ lime. ￿ Vne cr￿fit¥ gows IPM%rmy chan9e. ese￿￿ Pot e truste￿ htsve sel o Esefves pc4icylhoT OTh￿ I￿ain9 ts fr￿e eslot&W. o mim￿1 01£￿05b0￿￿￿ remoin ￿ Ihe occtrunl to cover tre th(thtl* ¢¢*8 tsctithe5. experfithX¢ onty c* ￿ Ibe Iwm. threctc¢5 hove a55e55ed nwrGksto*hich ￿￿pOSed. or¥J L¥e sot15￿ thol sy51e￿Sf￿e in pl￿e to itigote eMPOdVl¢ to th4) mwrr6k Structwe. govemance andmanagem Trie-harty is o C￿[71table comaonv lthited bs gLKxafjlee ond Sel LP by a MemoraT￿￿rn ol A5500al￿OI￿ Novefttri iJ15. The ccmptsny re￿1ve￿ cPKffl-aj￿ s-JtLi CKTr 24 A￿13)18 The c￿lIV igconslituied Li•rJer c re5olvhon lo orrErQ the MernoiorbJurr ol A550CiQ'gr, do.eflg AP1￿18 reflect￿￿ chow¢ ot Comporwo5 HO￿$. Wh151 the corrrthv dKI wl rec￿e Ch¢xiry slolusunlil 24 A￿6 ￿78. occthnis rthe been prt¥Kxed on the I)￿S ihttl the company hud ch(￿taL* sfatU5 f(x theentveveai. threclc*s. ¢we olso the direc1￿ for11￿ 01£￿￿p￿Try￿￿. the vearond LP to Ihe dale 015lgm1￿e aflhe f￿ancial 51crternentsV￿￿". Rev C Magu¥e Rev M Mo9iMTe Rev C Bloke kevG&j Rev S l M StIetr*¥￿t 4rL I A Stierkw6t John G Lake Mlnlslrfes UK & IE itd DIRECTOR'S REPORT FOR THE YEAR EAIDED 30 AIOVEAIAER 2024 chr$ctcfs iewitWOS OWOV8c by ol Oi*cW> lev M Mo9utre Dretloi Doled.. S Augusl John G Lake Mlnlslrfes UK & IE itd INDEPENDENf EXAMINER'5 REPORT 10 THE DIRECTOR'S OF John G Loke Ministries UK & IE Lld I rewrt to Dreclorfson m¥exami￿tKIn of the finanaol slolemerts ol John G lake mI￿1r£S UK & IE Ltd Ithe chantyl It4 Ihe Yettrend￿ 30 Novemtter ￿4. lespon￿￿•m1￿% and As the Dreclu's ol the cho)ty lorKY0is0 its p￿￿e￿of cempoty1owl. resrmsbi ￿ lor Ihe i*pcYotiortol Ihe linor¢Kysiorw6nts 17 ¢f¢C*<￿ttr raowements 011h& Comoonie5 Act XO6. ov￿9 5glislie(J ￿￿e11th01 the ￿0￿CIal 5toleWs of theCh￿￿£￿e fK)t reouyed to t)e QLOted under Port 16olt Compts*e%At.f XQ6 onty eiigbltr f¢r￿de*￿ni eyttr*ti'tr. rep(rtr rtsrect ol ey¢rnintt"tsn of Ihe ChOriIv's f￿ancIal 5tolernents caried ou. under 5ecfion "4DoI Ihe-P= -e5 Act >1 l. In coyw? cutTry exorninotion I hovf Idlowed Ihe aieclion5gven by the Cn￿lty c£)rri￿ ￿r￿lI¥seC￿ 14515llbl ol-.he ACI ￿1 I. IndEpendErteA1￿￿Th￿￿￿ slulErne I hDve cotnpleled my exarn￿a￿rL IcDnfirm Ihal nD h(wecotnelD [nyattenli(￿ ￿ Can￿110￿ ￿TIh the examinotior, griing tr* C￿se lo be￿Vel￿oI nony rnotKJNJre5tect. occaunling iecotd5 were nol kept￿ respect ol Ih2chatty(B required byseckn WDflheCDrnpunE5 Act3n6. Ihe firKInc￿l sta1￿￿@￿15 do rvt acc or i De￿rn￿￿ 2023 dbaloncesolJOWoYertier2024 The 51otern£vl ol f￿￿n¢la1 ondlos*sreCcw￿fcl In tkeyegr. Al ￿t¢￿e experwJfure dtrrive Irorn contiDvirbg (Ltiwties. John G Lake Mlnlslrfes UK & IE itd BALANCE SHEET AS AT 30 KIOVEM8ER 2024 No ¢ssets TJngtde a5p15 -947 Cosh ol b￿k in 509 620 Credttor5: arnovntsfawfflg dvewllhhone year 13 12.3591 11.6WI Il•blM¢s I1.7￿> Th• lunds ￿1h& chtsrlly LnitshLted 14 li7 TrhE cornpany 15 enhtled lo exernptknnfrryTr ou￿￿[￿j[l￿ert contoirEd kn 5eclth 477 01 the CQTrptJ￿ES Act 2m. r( the yeor ended 30 NovembaT Z)24. directors 0cknc￿Iedge the￿r￿￿k*￿Ill& fucowrtmgwth I￿req￿ementS ol the ComFxir4esACt 2(X)6wlh respect io aCCDunkngrecord5 the piepcv(rtiDn ol 51aternents. M￿erShowe not re. The regiSteied olliC& 6The Lory 8(yn lfronti utPLe oxf￿￿. OX44 gPU. The finonciol 5totenionl$ hoebeen in ¢xcordoThce%bilhtre chyiVsrner(Kwon￿rn (wid ¢ytc&5. the Corypanies Act ThJ6 gnrt"AccountiryJ orKJ PeD¥yivg byCh￿te5." Stctementof Rec￿￿rnerK$e= ProctlC8 cpplooble 19 chorrtie£ Kyeperro rhar ¢JCCCunlsin occuaonce V4Tlh the F1ffthcK￿ EeJo liT¥J 51aYMJoid in the UK ond Republic of Irdana IFRS 1tr21 lelfeclNe l ￿191"_The C￿tY ￿ a Pub* Beneft Ertity a5 de￿e￿ by FRS 102. chcKily hos Ic*en of Ihe rKo¥Éions n IrÈSORPI(*crtsilEiopptyifg 102 Updole Bule1in I nol 10 reD¢ie ts siorement ol Cos* Aows. The linowrfjlsttrements oiewepore¢J iTrsl*￿g trEtUr￿l￿￿￿c[￿￿cY of1he ctrKxity. aw￿￿￿ in the* Iiwnooi siolerr*n-s tre routhid Its r*wi £. Thp. fin(￿c￿l5￿￿eMenls ha¥eteen prewed the h51￿c(￿CC￿I Ccnyeniion. t0￿c￿de the Tevoluoli ol I"eehcAu preP￿ie1 cnd 10 ￿lL¥Je ￿￿￿lment cen(Th) Iinoncd ol l(xr volvel princip¢l gccTrunting wlicE5 odopfed (re ie. ￿- Jelow. 1.2 Golng concem Al the tirrE ol aKpfoviw YhefinorKintfrtiWS b¥(kN￿ (Yg0nt￿ 05 to Ilw rnoy beused. The wrposes and uses ol the reslricred lurth tre sel Oul Ir* noles 10 the ft)oncittl slorements. Endo￿￿ent funds cxe 5rtiecl lo specific CCmdikn￿- bydc*)fAry thol thecoplrl rnsl be moinloired by the Cr￿ty. Income IIiLUTTI¥ IPre iti(Mil¥ ￿ ￿y￿nY lu il U11￿ UTIY wItA TTULe L￿1￿11￿￿￿ ￿￿11 Iii¥l. ltr ornrxnt5 con ￿ meo5uredrekJtty. ond ttrKrtiTKortr*ill bereceived. C05h dcK)alions cae recowised on rect¥pi Other￿ pertormcnce Condi￿￿5 requwe delerydol OM0￿1. Mcome tox n ielaliC>n to donoliors ieceived fill A¢ 01 ￿re￿￿rISed 01 Ihe ofthe (knglKn. Legocies ttre reccgnised OTh recapl or olherwwse Th Ihe charity been nohfEd ol an impendin9 di¢tribulv)n. I IS known oThJrec6ty S tryDtrcttJ. IflF* gTrwit $ nor thowm. the wcy 1> It￿1$• 0$ ¢ contityenr o>s*t. John G Lake Mlnlslrfes UK & IE itd NOTES TO THE FINANCIAL STATEMENTS (CONTINiIED) FOR THE YEAR EAIDED 30 AIOVEMAER 2024 Accounffw WlcSps [CoTrMThJed) Experdituie * ieeogn¢ed fftrethS0 w or eOtt5hvetr￿e ¢Wttlitin-o ITOnsfet ecor)¢>mie k*nelit tro CT 1h*d Pts1y, It IS kWob￿Se Ihoi ts Ofec(Y￿1¢ benefits wl be re¢w¥ed ￿ Sell￿01. Omuny ol tr* oblwlwJn con be meo5vie# Experdituye b¥(￿t￿llY. costsol &xhiJcfMty ore rYK]de w ol the total of diecl costs and shcxed C(￿ls. intlucing y-pwrt costs In¥atried In undertakirvJ eachaclith. Drect to5tsakntc￿2 to a &i￿e attivity oiÈ dlDcated drectty to Ihal octivity. c￿lS￿￿Ch co￿tnb￿ to rn￿e thon{M￿ ￿'1￿l￿Or￿J5UO?*. 0¢1Mte5 1* ¢ tyJ1$¢￿￿ttrrnl wth ol re50VI¢¥. Cefjt'(Jlslofl cosf? crei*ccfed on tMJY501tirTh) wwt. OT¥Y de1￿10hcn chw5 allocoted ￿ the ol the <￿.Se1.S use. l.S lan•*4È nxed dxxe+x Tar01￿& (£sets c*ein tiQlly rne(￿rt tsl cosl ond ￿bSeqUenNyfi￿A￿Èd ot Uvthoknn. nel ol dèprecKrttin oro orny Imoovrntni b55*. Deprecol￿n ￿ reCOgn￿e￿ os to olt the c05t ￿valU￿100 ol <￿ets less Imer ￿1￿￿01 ￿e5 over ther useful Ive5 on Ihe Icdlowin9 bases.. 25% IxloTr The goin or lo￿ on the sdelaml￿d a5the di￿erer￿￿e1We￿ thesole txoce&Js ond the carwg volue offhe cÉset. tsnd tsrecOW￿ecl in thestolemenlolfYthtKlac1r4il￿. Imp0km¢￿ ¢tRx¢d •s¥¢ts At each reportiw end cole. the Ch￿lY Tewew5 the c=ww ¢JrK>vntE of I￿t0￿,"ble 055et5 to de'eiTnne whetherthere is ony Inoicotion thcr those csoel£ hove SJIl￿e* tro=(re￿I Ix. M cnysuch noCal￿* eI￿rs. IrE recov￿the omoun ol rhe 055*1 15 Èstimoted'n tyd*r t9 U*tfrTT r* th*exter' ol i* IfrpoiTrTrt Irf onil. 1.7 Co5h and c05h Co5h co5h equr¢oWts co51 (kwits ol c(dl otFv*vk.teThlHwi¢ in*e5tfnE￿ts vrfh Orig￿01 tnobJrities ol th￿e monlh5v ￿ orKJ Ovtv(*0fi5. BoDkoverdroW5 ores+K>wn wilhiTr borrowinw In ast fjnoncfol oJse15 51c francial ￿￿et￿. dÈbtlX5 Cuthand b(Trk are ir¥lKdy T[*as￿e￿ (Jt tran5ucIK>n price IDclvCiog tra￿ach0n cosls and 5LbSeqLEn￿ycThried ot orrfxtsed c05t u￿9 Ihee'loctNe ￿terest tnetry)d unle55 orraroemenl Co￿nIu1eS o ￿r￿sOCI10￿ ￿tEre ItÈ Ifans￿lI￿ tsnE05Lffed Jl tre oresenl vdue olthe lulure receipts discounted al a mon5 ore nIlKytyrec￿￿d oltror60Ctwprice urlec5 the grrargeTnentCOWlitute5 o fiitTrcry fr(￿5￿ChorLw*Ve debl iTslrUrt￿t￿ tne(FkTed ot the pie5ent vokne of the (uture p{ryments#Ec￿￿ted oto markEt roteof int¥est. ck>s￿￿ 05 poyauevtlth￿ one yeu are not mu1ised_ Debt iDStwmen151we styb5eqJ•co￿1&d ot Om￿15ed c051. uyrylhe effeckn*e interpsl rote melhod. from Lppliers AryIOuntrs pcyable ue Ck]s￿r￿ IX c￿e￿I if pow*n- ts dde ￿￿thin one yPIXOf Ws. 11 not. tPey orE EKe5enled ¢5 wn t￿MInUte the emploYn￿￿t ofon aY¥*yee (Jrlo lerffinoIM)n bereffts. 1.9 R¢*¢m¢ntb¢n¢•s PaymgnlE lo d8hned retwe￿￿1 b8neffit 5C1)W￿￿e ch(¥gea 05 an exten5e 05theYf￿ due. lcd QCCOunNty •s*mal•s (*)dlud9*￿r In theoppkotioryol chority'5 ￿￿Je5. DrecW5 (Te to rwke jLKlJynents. e5thigtegond a95umptions Ot￿j1 Ihe carnyngorwnt ol ossets W0bTiti￿Ih0f ore not reathyopporeDt trom other &¢j￿ceS. The Èslima-e5 and a5iocialed ￿￿￿￿tions{￿e *i51(xkaleApdienEE arKI oltEtfotl(yfs Ihu" urE cons￿ered lo be rÈ*voni. Actuotl i*ults rnov.ifierfrm ￿se ￿tI￿OI£5. The eStiM￿leS ond ￿&4¥￿9 ct$SLrrpl￿nS£￿e relewea on an orotiN)g bo*s. lo ￿C￿JnIinQ *tirrales ole ieLVgiljS¢d I'i tlie pvri(*J ¥1 lii*e: i-HJlr se. t￿￿'t￿l￿1vIlV--l5 omily Iliol puir)tJ. yi iri t.TrE yvii0￿ the r*rfisioiiafiQ perK)ds rev&O-. dle-is tY)Ih¢￿EnI ond Ivlure k)erod>. Oonalon5 and *s*kt*d Dmuions ttnd gffls Puilners 54.547 48.199 2.575 61,390 I￿Or￿a chrthblo ac&vth5 lund5 2¢23 Soles ofseryices by benekknes 22E64 John G Lake Mlnlslrfes UK & IE itd NOTES TO THE FINANCIAL STATEMENTS (CONTINiIED) FOR THE YEAR EAIDED 30 AIOVEMAER 2024 Empendhvw tyi r￿￿ng￿nds LIh[￿￿￿kd Ltr•eslrlelEd nd5 lund5 2￿1 oinertrodiw fKli¥ihes OP6 JGIM 202 IMr•cl cos15 Slull C0515 8.398 487 DePrec￿tIOn t￿￿ ￿Pai1rT￿nt sharo0lxupp¢Yk￿Kl goVerrh7￿￿ cothlsee ?} SuoD(Kl Governance 55.056 3.641 77.?15 68.1 79.e byfvnd Urrfeststled fthc 8.1 John G Lake Mlnlslrfes UK & IE itd NOTES TO THE FINANCIAL STATEMENTS (CONTINiIED) FOR THE YEAR EAIDED 30 AIOVEMAER 2024 support ¢01 Suppts*costs Govemornce .23 vent* CorTPUtet gnd 50flwrye C￿lS 13 648 13. 5.154 17 &154 3.￿6 Trtyeiing eipen*s Po51og¢. printiw stotioTr 21,748 3A35 4428 4,428 Ath£rt￿ng Telecommunicatot Olherwndry txtEroe5 284 &457 4.936 11 779 4.Tr36 11.779 AccoimlarLCy ACCOfftiOrfY C￿￿Onnel W0S￿ k￿k￿￿'. Taxa Ihe chcrity 15 eAVDPtlrom tax(skn [￿trI￿11e5 becau5ealrfs ncorne￿ Op￿￿d l