Charlty R•gislrntlon No. 1187588 Company R•gistration No. CE020455 (England and Wal9$) THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) LEGAL AND ADMINISTRATIVE INFORMATION Tru$tO0S MrDAH811 J Hall ESHall A Mck8nzie Charlty numb•r 1187588 Company numhr CE020455 R•glstered offlc• Mission House 6 Craven Park H8de$den London NW10 8SY England Ind•pend•nt •xamln•r Newton & Gamer Limited Building 2 30 Friem Park North Finchley London N12 9DA THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) CONTENTS Pago Trustees, report Independent examin8rs' report ststement of financial aclivitiey Ba18nc• sheet 10 Nolgs lo the accounts THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The trustèes presènt th8lr rèport and accounts for the year ended 31 March 2025. The accounts h￿8 begn prepared in accordance with the a¢counting policie$ set oul In note 1 to accounts and ¢omply with the charbty's governing document, th• Companies Act 2006 and the Statement of Recomrnended Practice. 'A¢counfjng and Reporting by Charities.. issued in MaTch 2005. Strueturè. 90¥ornance and management The charity is govèmed by 4 board of Trustees appoinled as detemilned by Ihg Constltulion. The Pentecostal City Mission Church Iwillesdenl, projects and entities and op8r8tions artt govemed by the body of Truste*s dèlegating the day-104Iay functions and leadership to appointed managers. The charity has approprfate policies in place for hearth and safaty. saf8gU8rding, oqual opporiunities and dats protection. The trustetrs, who are also the dlr9dors for the purpose of company law. and who swed during the year were: MrDAHall J Hall ESHall A Mckenzie The P&ntgeostal Cty Mission Iwillesdenl, IPCMCI In¢omo is rnade up of donations from IndNiiduals. donations from City Misslon Hub Ltd, grants and project Incom* 8nd through gift aid. Afflllatlon¥ and connoctlons Since its establishment in 1984. PCMC has worked in assoclatlon with the Inlemational Pentecostal Clty Mission (also referred to as Pentècostsl City Mission Incl, being an inlernalional religious body. The Intemational Church sets the ovorarthing strategy, the country Church's and branches operate indepertdentty govemed at a local level by the Missionary goals and ethos of the Intom81ional Church. There is no financial Interdependency beh¥een the main UK Church and the branches. PCMC (Willesdenl has a separate charity number and has full control over its business developmènt strategy. finance and assets. The main office bearers of th¢ ch8Tity are the Chaimian, Secretary 8nd Treasurer (who are members of the Church Counal}. Th$ Senior Pastor is the Chairman 8nd 18 re8ponsible for ensuring that th8 daily activities of the charity are in a¢¢or(lanc• with Ihe charity objethv THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our board consists of four dedicated t¥ustees who provide strategic leadership, ensudn9 that our organisatlon's Systems and processes are effective, efficient, transparent, and aeeountablè. Thgse truststrs oversee the charity's mission and objectives. meetlng at least quartèdy. Additionally, thg subcommittees, including finance and s8f8guarding, motrt monthly to maintain operational oversight and ensure that We uphold the high&sl stsrKlards of practice in all areas. As a re9iStgrgd ¢harfty. we conlinu& lo demonstrate our LTrnwavering commitmenl lo transparency and a¢¢ountability by complying wrth all relevanl regulatsons and guidelines. Throughout th& past year, we have strived to 8trenglhen our relatsonships with key stakeholders. induding donors. partnors. and tho 0)mmunitie8 we Throughout the year. the Trustees have ¢ondu¢ted regular reviews and made informed decisions on key area$. induding.. Rlsk Management: The Truslees remain vigilant in assessing and managing risks that covl impact our organisation's objgrtives. The Board regulaTly updates the risk management framework and maintains 8 dgt8iled risk regi81er. This includes key risks, likelihood of o¢¢urrence, potential impact, and miligation strategies. The Board ¢ontinue8 to identify and review risks to the charity and ensures that robust controls are in place lo provide reasonable ossuronce ag8inst fraud, error, and other potential threats. Bolh financial and non-finan¢ial r48ks are rnonitored monthly. wth appropriate measures taken where n¢¢iled. Pollcy Rèv1￿ and CompllJn¢•.' We uphold a comprehensive sgt of ststulory and operational policies, all of which are subject to regular review. These policies. covering safeguarding, privacy, dlv8rsity, 8quality. and fiscal management, ensur• our compliance wlh relevant laws and best practic￿. Staff and volunteers 8r8 trained r&gula￿Y to 8nsLJrè thè èfftrctive Impl¢mentation of these policies and adherenc8 to r8gul81ory st8ndardg. Reserves Pollcy.. In line wlth our commitrnenl to long.terrn sustainability, w• maintain 8 prudent r85erves policy. This pollcy ensures that we have sufficA8nt ros8rv8s to ma81 unexpe¢tod challenges, whi18 continuing to allocate resources loward dellvering charilable activities and fu￿1111ng our mi$sK*n. Oblectlvès and *￿1¥111￿¥ In the fiscal year ending March 2024. we reaffirmed OUT dedicatw)n to seNlng th8 eommunity and addrvssing th8 needs of individuals across the w8rds and neighbourhoods we support. The charfty pursued ts rnission through a range of objectives and impactful activities. As outlined in our constitution, our charty's objectives are: To advance the Chrfstian faith In accordance with the Slalemenl. in such ways and In such parts of the United Kingdom or the wodd as deemed 8ppropwiate by the Church Councll. To relieve sickness and financial hardship and promote health through the provisth of fvnd$. goods, or services, including counsolling and support, in areas identified by the Church Council. To advancè èducation in the United Kingdom or other parts of th¥ wod¢J as the Church Council sees The trustees have paid due regard to guidancÈ issued by the Charity Commission In decidlng what advities the ¢harity should undertake to best achieve thèsé objecb'ves. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Over Ihe past 16 years, our charity has become an indispensable part of the South Bronl and North HammeTsmith c¢)mmunibes, consistently responding lo the evolviThJ needs of residents. Our unwavering o)mmitment to improving the social welfare ol individuals in Harfesdan. Old Ston8bridg&, College Park, and the surroundin9 areas has driven us to provid8 essenllal services and prO￿e¢t actlvhles that address gaps in local provision. At the heart of our approach is the b8ligf in Ihg power of community engagement and inclusivity. To ensuTe our services remain both relevant and imp8Ctful, we ad1ve￿ Seek Input and p8rt1dp8l1c￿ from the community. Our engagement plan promot85 equal access and involvement from our core service groups and residents throughout the neighbourhtsods we serve. This inclusive approach is mirrored in the composition of our subcommittees, staff, and volunteers, all of whom are drawn from the local communlty. Their Insights and experiences play a crucial role in shaping our seNices to m88t thè $pe¢th¢ nood$ of our beneficiaries. We take considerable pride in using communty feedback to design and refine our projects, parbcularly when applying for fundlng. This ensurès that our efforts remain responsive to both current and futur8 n88ds in the area. By fostèring indusivity and activety involving the communty in de¢ision-making proce$￿8, we guarantee that our 8etivities are acco8$ibb and relevant to all. Looking ahead, we remain committed to continuously improving our services, with a particular focus on community4riv&n initialivès and projects that prioritize the well-being of our b8neficiarie8. Building on our solid loundatlgn within th? community, we aim to fostar 8 san$è of belonging and make a lasting. positive impa¢t on the lives of those we serve. ma￿1ng¥ and rninistries Thrtsughout the year, we have deepened our engagement with Ihe local community by providing regutar access to meetings and rninislries. These gatherings have proven invaluabl&, offering insights into the Pfessing issu¥s and challenges faced by individu81s within our wmmunity. Through consistent and open ¢omrnunl¢alion, we have been able to tailor our seNlces lo better me8t the specific needs of those wè serve. Our meetings and ministries have fostered a deeper understanding of the (x>mmunty's c4)ncerns, allowing us to respond wlth $$rvices and support that refiect their realiti8s. "Thg Church is not a building or an institutk)n, but a people- called to be salt 8nd light in every sphere of lrfe.. This b&llef yuldes our ctsmmitment to both faithfulness in our mission and flexibilty In our methods. Pastoral caro Our pastoral care programmè hss e£Jntinued to be a comerstone of our work, prO￿dIng gssenlial support to indivkluals an($ famllles facing ChaI￿nging times, especially the bng tsil aftemiaths of the pandemic and the ongoing Cost of living crisis. Through compasslon8t8 guidafi¢e and practical assistance, we have offered 8 source of comfort and empowemient to thosè navigating various lile challenges. Th• succèss of the prograrn receives positive feedback from benefKiaries, who have found renewed hopè and $lrenglh in theirjourney towards healing and resilience. Clty Mlsslon Chlld Contact Centre Our Chlldren's Contact Centre seNas as a ngutr81 and Supportive environment for childr¥n to maintaln ¢(>n18Ct with Iheir non-resldent parant. Enhanced accredited by the Natlonal Associ8tion of Child Cvntscl Cenlres INACCC} in 2020, we have been successlul in increasing our Services lo multiple local authorities. Equipped with age.appropriate toys and facilities, our center offers supetvised. supportgd. escorted and handover contact sarvicos. Operating six days a w¢$k, induding out-of-hours provisions, we serv$ an 8v$rag& of 15 families weekty. wth contact durations typieally lasting betsveen &6 months. THE PENTECOSTAL CITY MISSION CHURCH {WILLESDEN) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The Clty MIs81on Food Ald Partnershlp: Respondlng to &scalating food Insecurfty caused by thè cost of living prassur8s on low-lncome families and individuals. our food aid initiative has expanded 5igrhificanlly in the past year. We no distribute from ￿ sites, do weekly wholesale drops to East London, with support from our surplus forxl n&hvork partners volunteers. Currently our foodbank distributes 7 times a week to ovèr 900 indivldu8ls and f8milie$. Wg also distribute weekly to local primary schools, and direct to a depot In the borough of Haeknoy which serves 300 Users pèr w8*k. Wè could not have achieved these outcomes wilhoul the support of our surplkjs food nélwork suppliers induding the Felix Project and Cty Harvest and ihe help of our tO8rn of commttted volunteers. The Food Aid Partnership was successful In applwn9 and rec•lv8d grant fun¢Jing from the Community Oryjanisations Cost of Living Fund through The National Lottery Community Fund. The grant helped us to expand our foodbank's capacity lo meet risin9 demand, providing anh8nc¥d Support to the most vulnerable in ihe community. In thè S-monlh grant perioKI we conducted 88 distributions, reaching 2,360 individuals with 11,400 food parcel8. Our food neNvork partners wèrè instrumental in exceeding our tsrgel outcomes, supported by a resolute t9am of voluntoers whose numbèrs increased from 6 to 15, contributing 3.960 hours in the peri(Kl. We were asked to do 16 extra wholesale distribuiions on our regular pick-up days by our wppliers had been donated unexpected additional stocks of lood. We are continually adapting our food aid distribution to cater to the specific rfftds of users. Fron June 2023 we added a distribution day tsn Mond8ys dedicated to elderly, inlimi and disablèd users. This came from a n88d idèntrfied by our management team and volunteers which Improvgd ease of access for a particular client group. We recently launched a subscripts'onl membershipba¥ed online non-food pantry through a a- plattomi managod by tha F&lix Projaet. By joining. mernbers gain access to an inclusive onlinè store where thèy can r8e8iV8 UP to 10 ￿Mplimentary non-lood products each week as a bènefit of their subscrfption. Thg e-slore offers the choice of a range of branded household, toil&lry, sanitary. eosm8tics 8nd including recycled products. The onlinè storè Is committed to promoting the limiting of waste by providing quality surplus food and products to peoplo in need in a sustainable way. Youth Engogem•nt: We provided support to young people to engagè thèm in poslfjve actwilies, provide guIdar￿. and lo foster a sense of cornrnunity belonging. This activity included our chufch youth action and leadership prograrnmes, music tultksn, youth club. outreach, adult and peer mentoriThJ suppo Elderly h•alth and w•llb•ln9.' Our Elders club, held every Thursday. offers a vibrant spac8 for local s¢niors aged sixty-fwe and above lo $orAalise, engage in games. and parti¢ipate in fun exercises promoting physical and ¢0gnltive wellbeing. Addressing issues of isolation 8nd loneliness, our provi&on fosters a upport¢ve community environm$nt In summary, vur organi5alion play5 a vital rol8 in addressing thg diverse needs of our communities. spanning from fAcilitating family contact to combating food insacurity, supporting youth development, enhancng 8ducation81 opportunitses, and promoting eldedy wellbeing. Through 8tr8tegic partnerships, dedicated staff, and committèd voluntgers. we conbnue to make meaningful contributions tQW8rds improving the lives of tlws• wè THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Bu1￿1n9 for the futur•. A8 we I￿k forward to the fvture. we are cornmitted to continuously improving our services, with a focus on cornmunity4riven initiatives and projects thal serye the best interests of our beneficiaries. Thé Charlty Is dedicated to building on its slrong foundation within the community, fostering a sense of bekinging, and making lasting positwe impact on the lives ofthose we sglvg. We take pride In ulluslng communty feedb8¢k lo design 8nd tailor our projects. especially when applying for funding. By doing $0. we ensure that our endeavour5 remain responsive lo the current and future needs of the area. Our activities promote inclusivity, gfantlng equal access to all residents. while ac14vely involving the community in the decAsion-makn'ng process. K•y Prlorltl•s for th¢ Ngxt 12 Months Over the coming year, thè Bo8rd of Tru$tsss has agreed five priority areas to expand our impad and botter serve the communlty. Thèsè indudo.. Faith: Continuing to fuhll our mission of pr&8¢hing thg word ol God, Providing spirilual edvcation, support, and stren9lh to thos& we rtrach through the gospel. Given the diverse nature of Brent, we wll seek to participate in interfaith dialogue and community events to promote undgrstanding and respect betweèn different relbgious group3. Food povgrty: The aim ol Providers working to address food povoty 18 to rnake the need for foodbanks redundant. Until that goal is achieved, we are well positioned lo expand our foodbank wholesal& distributions lo meet the increasing demand ft)r food 8id in our catchments. The trust ￿ hav& bullt wth our Surplus food nfj￿ork, the local community. 8nd delwery partners means have thtr fwndations to become 8 dlstribution for the sub region and 8¢ross London. Separat•d lamlll•s'. To ènsuTg the bng-temi Vkibilty of our Chikjran's Cont8Ct Cèntre, we are actively exploring strategies to ènh8nc8 our finanaal sustainability. This includès dlvèrsifying our funding sourcès, oplimising our operational efficiency, and sèèking partrTrerships with local organisations to support cwr mission in cash at)d in4ind of providing services to families in n08d. Youth Engag•mont= Developing and applying for chatltsble funding lo facilitate further youth engagetnent and train¢ng projects that provide guidance. foster a sonse of bek*nging, enhance the skills and opportunltlès for young people, helping them reach Iheirfull potential. Soeial Isolatlon-. Continue lo programme social evènts and eommunity gatherings lo combat social Isolation, particularly among older adults and those from marginalised groups. This wll Indude a¢tivilies such as Coffee momings, lunch dub. cultural celebrations, organised day trips. intergeneration81 events, and hèalth & wellbeing support. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal r•vl•w PChAC derives Its Incorne from Individual donations, donations from the City Migsitin Hub Ltd, and gfft aid. The Trustees are gfaleful for the donations received and are prepared to use reserves to continue the mwh-needed work of the charity. In¢om& receivod for the year tolalled £68.738. Direct Charitab￿ expenses lotalled £70,686 and payment of okl debt of £249.198 resulting in a loss of £251,146. Olrectors. R•sponslbllStl•s Under the Charitios Act Bnd thè Companies Act, the Board of Directors is required to preparg finanGial ststem&nts each year that provmje a true and fair vsew of the chariVs ffinancial p)slfjon at the end of the fiscal year. as well as its surplus or deficit. In preparing these financial slaternents, the Board is responsible for. il Selecting appropriate accounting pollciès and applying them consistently- ill Making judgements and èstim8te$ ihal are reasonablè and prudènt., iiil Preparing the financial statements on a going ¢on¢em basis urfess it is inapproprlate to assum& th81 the charity will continue operations: and iv) Stating wheth8r applicab￿ accounting standards and rècommended practices have been fdlowad, with any mal*rial d8vialions disdosed and explalned in the financlal statèments. In addition, the Oirectors must mabntairi adequate accounting records that accurBtaly r8flg¢t the charity's financial position at any given tlm&, ensuring that the financial statements comply with the Companies Act 20C6 and relevant Charities Act regul8tions. They are also tasked vAth saf•gu8rding the charity's assets, taknng reasonable st&ps to prevent fraud and other irregularbties. The Dlrectors are further responsible for the eontent of th8 Rèport of the Directors. The independent èxaminer's sponsibility con<*rnsng the r8POrt is limrted to ensuring that. based on a review of the report, Ihere are no inconslstencles wlh the figures presented in the financial statements. Th9$$ accounts have been PTepar8d in occordancg wtlh the prowsions applicable to ¢ompanle$ svbject to the Small companies, regime. Inv•$tm•nt Poll¢y and OblectSv•s The Trustees have implemenlad a robust investment policy to guid8 lh8 management ¢f Ihe charity's financial assets. The primary objactives are lo preserve capital, gènerat& in¢xJme, and ensure that funds are readily available to support thè eh8rity'$ ongoing activities. The trvsle85 have delegated decision-making on investrnent matters to the Finance Sub-committee. The Iruslees operate under the Trustee Act 2000, which outlines the general powers of investment. When considering invèstments, the charity seeks to achieve thg best financial return while maintaining an ac¢eplable level of risk. Given that th6 ch8Ws assets are intended for short-tarm usè. capital presgrvaliori 15 of utmost importance. The tthadty's assets are lo be held in cash or near-cash investments denominated in stewlin9. Ca$h balances are deposited with institutions holding a minimum credit ratin9 of 'A'. The charity's investmènts sh N8wion & Gamtrr Limited ICAEW Buikling 2 30 Friem Park North Flnchlgy London N129DA Dated:.%l..1. .... 20 THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Oonats'ons and legacies Intsjming resources from tharilable activitses 33,491 35,247 31,808 69,353 Totsl In¢omlng r•$our¢ 68,738 101,161 Charitabl• a¢tiviti•$ Direct Expenses 7,991 10,244 Governan￿ costs 311.894 77,730 Total r•sourc•s •xpondod 319,885 87.974 N•t l•xpondltur•llin¢om• forthe yearl Nèt mov•m•nt In lund• {251.147} 13,187 Fund balances at 1 April 2024 51,692 38,505 Fund balan¢•$ at 31 March 2025 1199,4551 51,692 The statement of financial activities also complies with the requirements for an income and expenditure a￿Unt under the Compani8sAct 2006. THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Note5 Flx•d a$sots Investments Curr•nt ass•ts Debtors C8sh al bank and in hand 55,205 16 94.699 2,925 Net currènt a$stts 55,221 97,624 Totsl a$$•ts l•s$ ¢urrent Ilabllltles 55.222 97,625 Credltors: amounts falllng du• aftèr mor• than on• ye•r 1254,67n 145,9331 N•t assets 1199.455) 51,692 In¢om• funds Unrgstrided fijnds 1199,4551 51,692 {199A55} 51,692 The ojmpany is entitled to èxemption from the audit Tequiremenl rAMtalned in so¢tlon 477 ofthe Companies Act 21J06, for the year ended 31 March 2025. No member of the company has deptisited a notice, pursuant to seetion 476. ￿qUiring an audit of these accounts. The directors acthowlèdg8 thoir ￿sponsIbl11￿.eS for ensuring that thg company keep3 accounting records which comply with section 386 of the Act and for preparing aeeounts which give a true and lair view of thè state of 8ffairs of the company as at the end of the financial year and of its incoming resources and application ol reSou￿e$, including its in¢omg and expenditure, for the financial year In accordance wlh the requiremants of sectlons 394 and 395 and whith otherwise compty with the rnqulr6m•nts of the Companies Act 2006 ralating to accounts, so far as applicable to the company. These accounts have bean prepared in accordance wlth the spg¢ial provi8ion8 relating to sm911 comp8nie$ within Part 15 of tho Companies Act 2006. The accounts wer* gpproved by the Board on .1. SK MrDAHall Trustso Company Reglstratlon No. CE021H55 10- THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THEACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng polic1•$ 1.1 8asbs of preparatlo The accounts have been prepared under the historical cost convention. The accoun15 have been prepared in accordance with applicable accounting standards, the Statement Recommended Practice, "Accounilng and R8poNlng by Charfliès.. issued In March 200$ and tho Companies Act 2006. 1.2 Incoming resourc l income Is a¢¢ounted in the Statement of Financial Activitses when the charity Is legalty enlillgd to th income and the amount can be quantified with rèasonablè aceur8ey. Gift relief in relation lo donated income is recognised at the time lh8 donation income is receivatle. Income from granted funds are recognls8d 8s above vA)en rg¢eivable. Invested Income is a¢¢ountsd for when Teceivable. 1.3 R•sourc•s •xp•nd All expenditure is account6d for on an a¢crualy basis and has been induded under expense eBtegor4es that a99re9at& all ¢osts for 811(Kation to aGtivitie5. Where costs cannot b¢ ¢Jire¢tty attributed to particular acts"vitie$ they have been allocated on a b&si5 consistent with thg Use of the resources. Central overhead ¢osts are allocated on the basis ol staff timè attributsble to particular activrties. Support costs are Ihoso ¢0sls incurred directly in support ol expenditure on the objects of th8 charity. Govemance ¢osls are those incurr&J in connection with enabling the charity to comply wth 8xt8mal regulation. conslitulional and statutory requirements and in providing support to Ihfj tru$lee$ in the discharge of their statutory duties. 1A Inv•stm•nts Investments are stated at markat V8luo at th& balance sheet dale. The Statement of Financlal Acfjvrties indLHJes the net gains and lossès arising on revaluations and disposals throughout the year. 1.5 A¢¢umulated lunds General funds arè Un￿s1￿Cted funds which are 8v8ilable for use al the discretion of Ihe trustèas in furtt)¢r8n¢g of the general objectives of tha charity and which have not been deS￿nated for othgr purposès. Designated funds comprise unrestdctèd funds that have been sel aside by the Iwsl8es for particular purposes. The aim and use of each designated fund is set out in notes to the financial statements. Donallons and l•g*ci•# 2025 2024 Donakn'ons and grfts 33.491 31.808 11 THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Incomlng r•$ourus from charltable •ctlvlliès 2025 2024 Grants 35.247 69.353 Total resourc•s •xp•nd•d 2025 2024 CharStabl• actlvltlo$ irect Ex enses AeUvttsg$ undertaken directty 7,991 10,244 Governanc• costs 311,894 77,730 319.885 87.974 TTu8tses None of the Iruslees lor any persons ¢onnected with them) received any remuneration during the y8ar. Employees There were no employees during Ihg year. Flx•d ass•t Inv¢$tm¢nts Markèt value at l Aprll 2024 and at 31 March 2025 The investment Is In City Mission Hub Ltd, a 100% ¢)wn8d operating subsldiary that runs a nursery. 12- THE PENTECOSTAL CITY MISSION CHURCH (WILLESDEN) NOTES TO THE ACCOUNTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Debtors 2025 2024 Amunts owed by group undertakings 55.205 94,699 Credltors: amounts falllng du• aft•r moro than on• y•ar 2025 2024 Bank loans Amounts owed to D Hall 39A38 215.239 45.933 254.67T 45,933 13-