ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
THE PRAYERHOUSE CHURCH INTERNATIONAL
CHARITY REGISTRATION NUMBER: 1184356
THE PRAYERHOUSE CHURCH INTERNATIONAL (CHARITABLE INCORPORATED ORGANISATION CIO)
CONTENTS
Legal & Administrative Information
Directors Annual Report
Statement of Financial Activities
Balance Sheet
Notes of the Financial Statements
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THE PRAYERHOUSE CHURCH INTERNATIONAL (CHARITABLE INCORPORATED ORGANISATION CIO)
LEGAL AND ADMINSTRATIVE INFORMATION
CHARITY NUMBER 1184356
DATE OF INCORPORATION 10 JULY 2019
START OF FINANCIAL YEAR 1 JULY END OF FINANCIAL YEAR 30 JULY 2025
DIRECTORS AT 30 JULY 2021 YETUNDE OMOLA ELLIOT OSAZIE AIZE OLUTODUN SALAKO OMOLADE OLAIGBADE BOLARINWA SALAKO
GOVERNING DOCUMENT
CHARITABLE INCORPORATED ORGANISATION
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THE PRAYERHOUSE CHURCH INTERNATIONAL (CHARITABLE INCORPORATED ORGANISATION CIO)
REGISTERED ADDRESS 18 Collar Way Witham Essex CM8 1YX PRIMARY BANKERS Barclay Bank Plc
INDEPENDENT EXAMINERS
Gift Aid Services Ltd 63 Wansford Road Woodford Green ESSEX IG8 7AD
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THE PRAYERHOUSE CHURCH INTERNATIONAL (CHARITABLE INCORPORATED ORGANISATION)
REPORT OF THE TRUSTEES FOR THE PERIOD ENDED 30 JULY 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a Charitable Incorporated Organisation registered with the Charity Commission on 10 July 2019.
Recruitment and appointment of new trustees
Generally appointments are made by the Board of Trustees. No new trustees were appointed this year.
Organisational Structure
The board of trustees meet quarterly and are responsible for the strategic direction and policy of the charity.
Aims and Objectives
The charity is established to provide an enabling environment for worshipping God, and to advance the Christian faith. This is achieved by evangelizing the community, demonstrating the power of God, prayer meeting and fellowshipping with one another, baptizing and teaching the saints the word of God from the Bible.
The objectives
The advancement of the Christian Faith for the benefit of the public through the holding of prayer meetings, bible study, seminars, conference, provision of food bank and weekly warm food for the needy in the community, counselling, producing and distributing literature on Christian Faith to enlighten others about the Christian religion.
Activities
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Weekly evangelism programmes are organized to witness to the members of the public.
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Weekly bible studies and discussions.
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Weekly prayer meeting, praying for the community, governments and members.
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Online prayer meeting
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Monthly Deliverance program
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THE PRAYERHOUSE CHURCH INTERNATIONAL (CHARITABLE INCORPORATED ORGANISATION)
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Monthly Members meeting for the way to improve services
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Yearly community barbecue summer outreach program
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Yearly men & women seminar for the development of members
The Ministry continues to develop its primary activity.
GENERAL INFORMATION
The Charity continues to worship at a secure permanent base.
MEMBERSHIP
Registered membership of the Congregation is growing.
NURTURING THE CHURCH
Prayer meeting and bible studies are held weekly and monthly meeting and seminar are also organised.
OTHER ACTIVITIES
The church organized various outreach in the community where the Christian faith was shared through the giving out of Christian tracks.
MEN’S MINISTRY
The church organized monthly meeting for men to support, educate and inspire them. Father’s day celebration and during this event men from the community were invited and they all took part in all the various activities that was done.
WOMEN’S MINISTRY
The Church also organized monthly women’s meeting for the development of the women. Women’s day and mothers’ day celebration is organised by the charity and women from the community were invited. During the event women discussed about issues that women are facing in their day to day life and some possible solutions were pointed out.
YOUTH’S MINISTRY
The Charity organised a youth church for the youth and monthly the youth participate with adult church service by preaching, bible recitation and singing of songs. The youth are taught about Christian faith, good moral and how to be self - responsible to themselves and to their community.
CHOIR CELEBRATION & ANNUAL COMMUNITY BARBECUE
The ministry had a praise service and all the various ethnic groups in the church participated, by singing in the various languages. The celebration was concluded with barbecue for the
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
community. All members of our local community was invited, including the police, local councillor etc.
CHRISTMAS CELEBRATION
The Christmas Event also had a sharing theme to it. Members and their family prepared the food and brought it to be shared with all. It was truly a feast of love that allowed the membership to share the love of God with all and sundry.
SUPPORT TO OTHER CHARITABLE ORGANISATIONS AND INDIVIDUAL
The Church is committed to supporting agencies and projects which carry out valuable and essential services by way of donations to charities suggested by the membership. The Church gave donations to some charities and some individuals.
TRUSTEES MEETING
The trustees held meetings during which the progress of the Church was discussed and plans to increase the church numbers of activities in the Community was also discussed.
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
Financial Review and Reserves Policy The income of the charity for the year was £21,329 by way of Donations. The cost of charitable activities was £21,707 . This was spent directly and indirectly to support the charities activities. At the end of the year there was a favorable net movement of funds amounting to (£378) . At the end of the year, 31 July 2025, there was an unrestricted fund balance amounted to £16,831. The charity’s policy is to retain reserves, in the form of unrestricted funds, to a level where they equate in value approximately 12 months expenditure. This should provide a reasonably secure financial base on which to plan future projects and commit to related expenditure, before external funding has been fully secured. The charity is reviewing its reserves policy so that the charity would be able to continue its current level of activities in the event of a significant drop in funding.
Charity Examiners
It was agreed to appoint Olivia Gerrar as the Independent Examiner.
Approved: By the Trustees…………………………... Dated …………………………
STATEMENT OF TRUSTEES RESPONSIBLITIES
Under the Charities Act 1993, the trustees are required to prepare a statement of accounts for the accounting year which gives a true and fair view of the state of the church. They are required to
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select suitable accounting policies and apply them consistently.
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make judgments and estimates that are reasonable and prudent.
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state whether the applicable accounting standards have been followed.
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prepare financial statements on an ongoing basis
They are responsible for keeping proper records which disclose with reasonable accuracy the finances of the charity at any time and to ensure that such accounts comply with the charities Act 1993. They also have a responsibility to safeguard the assets of the church and take reasonable steps to detect fraud or other irregularities.
Approved by the Trustees on ……………………………May 2026
Signed on their behalf by:………………………………………………, Trustee.
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
INDEPENDENT EXAMINER REPORT TO THE TRUSTEES
I report on the accounts of the Charity for the year ended 31 July 2025, which are set out on the following pages which have been prepared on the basis of the accounting policies shown in the corresponding pages.
Respective responsibilities of trustees and examiner
The trustees of the charity are responsible for the preparation of accounts: they consider that the audit requirement under section 43(2) of the Charities Act 1993 (the 1993 Act)), does not apply. It is my responsibility to:
Examine the accounts under section 43(3) of the 1993 Act. Follow the procedures laid down in the General Directions given by the Charity Commissioners made under section 43(7)(b) of the 1993 Act, and State whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINERS REPORT
My examination was carried out in accordance with the General Direction given by the Charity Commissioner’s. An examination included a review of the accounting records kept. It also includes consideration of any unusual items of disclosures in the accounts. And seeking examinations from you as trustees concerning any matters.
The procedures undertaken do not provide all the evidence that would be required in an audit, and as a result I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s Statement
In accordance with my examination, no matter has come to my attention:
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which gives me a reasonable cause to believe that in any material respect the requirements:
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to keep accounting record in accordance with section 41 of the 1993 Act and
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- to prepare which accord with the accounting records and to comply with the accounting requirements of the 1993 Act.
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Have not been met
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To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Olivia Gerrar Gift Aid Services Ltd 63 Wansford Road Woodford Green Essex IG8 7AD
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
A CCOUNTS FOR THE YEAR ENDED 31 JULY 2025
| Receipts & Payments Account (General | Purpose Fund) |
|---|---|
| Income Receipts | £ |
| Tithes & Offering | 21,329 |
| Loans & Other | - |
| Fundraising | - |
| Total Receipts |
21,329 |
| Direct Charitable Expenditure | £ |
| Rent & Hall Hire | 927 |
| Support Cost |
.. 8,627 |
| Accountancy | 350 |
| Loans and Hire purchase | 6,042 |
| Donations | 5,761 |
| Total Payments | 21,707 |
| Net Receipts/Payments for the year | ( 378) |
| Cash Funds brought forward | 17,209 |
| Cash Funds at the end of the year | 16,831 |
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
- Statements of Assets and Liabilities at 31 July 2025
Cash Funds Unrestricted Funds 2025 £ Bank 16,831 Total Cash Funds 16,831 Assets Retained for the Charity’s Own Use Equipment - Liabilities Accounting fee 350 Approved by the Trustees and signed on their behalf
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THE PRAYERHOUSE CHURCH INTERNATIONAL (A CHARITABLE INCORPORATED ORGANISATION)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
ACCOUNTING POLICIES
Basis of Accounting
These accounts have been prepared on the receipts and payment basis under section 42(3) of the Charities Act 1993.
Funds
Unrestricted funds are those which can be used at the Trustee’s discretion. Restricted Funds are those whose purposes have been restricted by the donor.
Employees
The charity had no employees during the financial year. All work was undertaken by volunteers.
Public Benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purpose or aims that are for the public benefit. Details of how this is achieved is provided in the trustee’s report. The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.
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