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2024-12-31-accounts

REGISTERED CHARITY NUMBER: 1183234 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 FOR

PASTORS’ EXECUTIVE

SSYNERGY ACCOUNTANTS

The Old Courthouse

Orsett Road, Grays RM17 5DD

PASTORS’ EXECUTIVE

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024

Page
Report of the Trustees 1
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statement 6
Report of the Accountant 7

1

REPORT OF THE TRUSTEES

Current Trustees:

Pastors(s) Nigel Brown, Success Adeshida, Chiso Nwokoro, Alan Taylor, Greg Mitchell

Financial Review:

Income for the Period 1-1-23 – 31-12-23: £600 Expenses for the Period 1-1-23 – 31-12-23: £422

Achievements & Performance:

The past year has been one of dynamic movement and meaningful growth across our fellowship. It’s been a season filled with new beginnings, fruitful labour, and a growing sense of momentum as God continues to advance His kingdom through our churches.

Across the UK, momentum is building as several congregations have moved into their newly purchased church buildings—most notably, our churches in Birmingham and Preston. Others are steadily progressing toward completing property purchases in the coming year, a clear sign of both spiritual and structural stability.

April brought our much-anticipated Rotherhithe Conference, where Pastor Paul Stephens alongside our own UK leaders brought timely words. It was a time of clarity and commission, where vision was stirred and faith was renewed. The most exciting moment of the week was announcing several new church plants:

International

Domestic

In May, our UK Pastors Seminar gathered over 100 couples—alongside many others tuning in via livestream—for a powerful time of ministry and encouragement. Many testified of how deeply the messages spoke to them, describing it as a refreshing pause amidst the pressures of ministry.

Pastors Nigel Brown and Fred Rubi continued travelling across the UK, leading local rallies and leadership roundtables in nine different locations. These gatherings proved instrumental in building local church unity and equipping leaders for the work ahead.

During the summer, our Harvesters Homecoming events in Croydon and Norwich brought together each region's pastors and congregations for a time of reconnection and redirection. With a vibrant atmosphere and a tangible sense of God's presence, these events have quickly become cornerstone moments in our national calendar. Excitingly, from 2025, Derby, Wembley, and Northampton will begin hosting their own Harvesters, increasing our total to five.

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October's Waltham Forest Conference closed out the year with power and purpose. Pastors Greg Mitchell and Kevin Foley brought strong, Spirit-led preaching to a full house each night, as we rejoiced in a new wave of church plants and leadership transitions. It was a week marked by passion, joy, and clear direction. As always, the Friday night announcements was the highlight of the entire week. The following couples where announced for new works:

International

Domestic

Looking forward, we are filled with expectation. The vision is expanding, and the labourers are ready. We hold firm in prayer for these new works—that God would guide, provide, and bring lasting fruit through their efforts in the year ahead.

Over the past year, our Pastor's executive website has become a valuable resource hub, providing accessible information to all our pastors. The website offers a range of useful templates and documents to facilitate smooth operations with some Pastoral responsibilities, including templates for requesting support, guidelines for caring for Impact Teams and Bands, and policies for Care of Evangelists. Additionally, downloadable resources are available to assist with setting up as a registered Charity Incorporated Organisation (CIO), as well as information on pastoral moral integrity and UK copyright laws for using third-party images. We will continue to regularly update the website with new files and information that we believe will be beneficial to our local pastors and churches.

2

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports)

Regulations 2008 and the provisions of the trust deed requires the trustees to prepare financial statements for each financial 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, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which 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 Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by order of the board of trustees on 30/09/25 and signed on its behalf by:

Pastor Nigel Brown on behalf on the Trustees

3

PASTORS’ EXECUTIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024

Income from Donations
Expenditure on Raising funds
Bank Charges
Net Income
Reconciliation of funds
Funds brought forward
Funds carried forward		 2024
2024
2023
Unrestricted
funds
Total Funds
Total
Funds
£
£
£
600
600
600
(350)
(350)
(72)
(72)
(60)
178
178
540
1,207
1,207
667
1,385
1,385
1,207

4

PASTORS’ EXECUTIVE BALANCE SHEET AS AT 31ST DECEMBER 2024

Fixed Assets
Current Assets
Bank
Amounts falling due within one year
Net Current Assets
Amounts falling due over one year
Net Assets
Unrestricted Funds
Total Funds		 2024
2024
2023
Unrestricted
funds
Total Funds
Total Funds
£
£
£
- -
-
1,385
1,385
1,207
1,385
1,385
1,207
- -
-
1,385
1,385 1,207
- -
-
1,385
1,385 1,207
1,385
1,385 1,207
1,385
1,385 1,207

5

NOTES TO THE FINANCIAL STATEMENT

ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: 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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.

6

REPORT OF THE ACCOUNTANTS TO THE TRUSTEES OF THE PASTORS’ EXECUTIVE

As described in the trustees’ report that the trustees are responsible for the preparation of the financial statements for the period ended 31[st] December 2024 set out on page 3.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

SSYNERGY ACCOUNTANTS The Old Courthouse Orsett Road, Grays RM17 5DD

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