Charlty Regl$tratioA lJ89461 The Evangelfical Fellowsbip In the Anglican Communion (EFAQ (o chdrlthble lllcorporOed ory4Mlsttrfon) AnDll Report and FID4ncial St4tements 31 December 2024
The Evangelical Fellowshlp fin the Anglfiean Communion Annual report and finallclal statements 2024 Contents Page Trustem, report Ind¢p¢ndent ex8mlller'$ report St*t¢ment offin4nri•l #¢tlvltks Bg18nee 9keet Cask llow stst¢ment Notes to the accotrnts io
The Evangelical Fellowship in the Anglican CommuDIoD Trustees, report 31 December 2024 Object The obj¢ctof Th¢ EVaDge1E Fellowship iTr the AnltAll Colljmuuion ('EFAC' or'the thity.) 15 to turther fdlowsbip atDougst AtLglic4o ¢v8ngelic&lsthtOUBboutth¢ World. ConstltDtion ond Hims EFAC w&5 giste[¢d as a charity on 12 Nov¢mber 1962 as lnunitlcor AsLIt10n gov¢med by 8 CoustibJtiotL. EFAC re-re8iStercd 3$ a charxtibl¢ IllCOEttd organisation ('CIO') with thtchariry Collunission on 13 May 2020 {regi$tr8tion number 11894611. The assots. liabiliti¢5 artd aciiviti¢S of EFAC (re8iStered ¢haTityuumbw212314) w¢re tsBnsf¢rr¢d to th¢ CIO with ¢ffe¢t from 31 December2020. EFAC Ir¢gistered ¢hority numb212314) was T¢moved from the Ch8rity Commission r¢8iStet during 2022. R8tablished tn E961 by the lat¢ Revd Dr Jolin StOttcB, sometiTUC Rector of All Soul's L4Ngham Pl&c¢, ChiplaiD to HM The Queert 2nd leading ¢vangelieal theologian, the purpose of EFAC w8s, and collsinues to be, to eLcourage deve]op biblically fllithfvl fellowship. leaching fjnd mi55ion throughoutthe Angli¢8n Q}nuMl0. EFAC'S aiDJs st on the collviction that a stron8 bibli¢81 withcss 18 essentid for the life and health of the ADgli¢on Colluntsoion. within the widerwutextof se¢ki'#% fllBtGod'$ kingdom and th¢ buildin8 up of Hi$people. Tbe ¢haTity' alan4 B¢t Olbt in its Constitution. ate as foIlows.' to prornole the Gospel of our Lord Je5U5 Christ through upholding th¢ Supreme 4uththity of Scriptllre in mBttt45 of bDth faith ST rA)nduct throughojrt the Augli¢an Communion at evy l¢vel of its lifr and witness. to 5tatsd with membets of theAnglican Conimutsion in a commitmentto biblical obedienc¢, particularly ID the oreAS of Christion discipleship, servallt l¢adership. faithful conduc4 church retL¢wal, and mi5SiOll illtkc world,. to f05r fdlowship 8TLd uttiry in the Ap1011¢ faith at)n8 an8th¢al Anglir4Ls andto build strong relationships both loca]Iy And globally thmughoutthe World,. and be a rcsour¢¢ for devdoping and encourngitsg biblie4Uy f"thl witsess and leadership in spheres of li ¢spectally by.. tthits8 counsel togetheron iinportsnt i55ucs. wjd 8Tti¢u]atin8 gogp¢I di8tinrtivos the areas of faith, ord¢r, life and mission bypublTGqtions and tst1 media. Publle b¢n¢flt ThTrtr¢s r¢co8Oi8e thcirT¢spon3ibilitie8 towards public benef>1 und¢r the requir¢ments of th¢ Ch&ritieg Aci 2011 and hav¢ bad regard to th¢ guidancc fivm the CharityCoLJmi55iott on publiG bwjefit. The Trustees b¢li¢ve that EFAC, ill advancing th¢ Chriwll rcligion, knfÉts itldividuals alld so¢i¢ty by motivattrt8 peopl¢ through its visiou of 8 trwjsfonned aud p¢#¢e-fdicd wtsrld aod the tlourishin¥of humankitjd und¢r God, to serv¢God and love tbeir eighbour To thi5 elld, EFAC advanc¢5 the alti80 religion by eJJab]iDg andsupporting biblieally faithful fejlowsbip, ieacbing and mission thmughout thc Anglkwi ComTllUniOL. GoveTn4n¢¢ and Org*NItIOn The chority has a knard of tnJste¢s whiGh ¢D$ur¢s that li) th¢ ¢haTity is ¢&rrying out its PU4)oses for Ihe public bclltfitin accordance with its Con51iWtion. (ill th¢ ¢harity is in LWDp5i2Lce with th¢ Constitution 2nd UK charity 18w, {iii) the charity's wets aTrd re50UtG¢s are apptopri&t¢ly safeguardedand only u5cd to support or ¢arry EFAC'S puryose4 and (iv} there is¥ppropriate OV51Stalld accouutability of staff Blld conjmittees witFtitJ EFAC r¢SdIng thcir llwia8emettL 2Ctiviti¢s and decisioDS. Dwin8 2024 andto the date of this repor( the Tntstees of EFAC were as follow5: Rt R¢vd Keirli Sinclair(aJair) ILYmerly BLfhop ofBlrkenhead Anna De Castro StEph¢n Hofmesr KC Revd DrJem Hovtl Michael Hail ACMA (appointed 15 Aprrl 2024)
The EvangelieAI Fellowshlp ID the Angllcan Communlon Trustees. report 31 DecellAber 2024 Governance org4nts8tlon (tontd) TnLsteeJ (contd) Jllne PAtt¢tson Ven Greg Pitor kevd Cb8rli¢ Skrin¢ Cowicil EFAC'S membership wtnpris¢s {]) those national or regional angelICal 8roups in the AngliLxn Communion ('8roup embets.) 8ttd (li) those indiYidu81 Anglican ¢8¢llts I'individual m¢mbers') whotD the Council. at its disudto adÈnits to membership. UpoD 4dmission to tllembership e&ch m¢mb¢raffirtns theira8reenFent with EFAC'S Aims 8nd StatrrDtst of Faith and the additional dlaratiOnS s¢t out itt EFAC'S Collstitution. Un(kr its CotislithtithL EFAC'S affairsare admiuist¢red and Jnanagcdby a CouD¢iI which consists of at Icast on4 and ttot more than 2, rcpKsenl3tiV from each 8toup menjbcr. bcing llonnaily th¢ group member's presid¢nt OT ¢h8irynoti and se¢ret8ry> or such otherp¢rsoD8 as ¢b¢ group m¢llthcrm&y by $0110 of its 8overniD8 body PPPOIDL The Coun¢s1 olso itielude8 all the members of its Exwutiv¢ Commtttee. Al 31 December2024. the Council ComsEdthe following.. Au¥tralss •Rt Revd Stepheo Hale (Choir) Engjgnd •Rt Revd K¢ith Sinclair New Zealand Revd RithATd Trtst Steph¢n Hofm¢yr QC Revd Mark Hood Revd Davc cl Nig¢ria Scotland Rt R¢vd Sarnuel Ejeofot Revd David M¢CaTthy Rcvd CanoD Alall CbBdwick Walcs Revd JÉM Grifflths USA R¢vd RicbaTd Cro¢knr member ofihe E¥eculive Commiiiee (see below) ExeLYÉive Commiltee Th¢ Ex¢¢utive CoJJJ]nittee has r¢sponsibility for tbe dAy-td1Y mstta8¢ttk¢nt ofEFAC's affairs, as delc8ated to it by the Trustecsaod th¢ Couuril. Thc Ex¢(utiv¢ Cotllmitte¢ consists of the officers appointed by the Cowi¢ii, ¢owrisiug a Pr¢sid¢lli au Ex¢¢uiiv¢ Committ¢¢ Chainw & G¢n¢r8t S¢¢retary, YdTt¢asuralld up 10 Sir illdividuais pSe0& s far &$ wuible. Atsglieatt eValIca]S in all regionsof thcworld. As at 31 December 2024, the Ex¢cutiv¢ Comrnitt¢e COTnpTI5 the followin8'. Rt R¢vd Stephen Hale (Chair) ft)rnierly 31shop of¢heEasI1 Region, Melboyrne, Awtralio, GwJeMI Secretury Rt Revd Scth Ndayirukiye Btshop ofMatQA4 BMrAndi RtRevd Ss]nuel Ejeofor BLvhop ofAÉuat4 Nigeria Rt Revd Keith Sinclair Ni7tiont¥lDlreclor. CEEC..JormertyBtshop ofA9irkenhead. UK Mi¢hael Hall Trw¥rer Stephen Hofineyr KC S¢creiory Irt 2024 f8r¢w¢ll¢d Bisbop Scriv¢n * G¢n¢r&l sre. Bishop Stephen Hal¢bec4me th¢ Actin8 Qen¢rnl Sccrelary a5 WCJI a5 Chair. . Jujia Cameron wa5 &PFointed a5 EFAC'S Directorof Publishing dwinB 20J9. Ju]ii brin8s over 25 years ofpublishing ¢xp2rten¢¢. including international publishin8 with OMF Ioternation81. IFES #nd thc iaysanrte Mov¢m¢oL Julia's personal wcbsite i5 iVWW
The Evangelical Fellow8hlp In the Angllcan Communioll Trustees, report 31 December 2024 Key Hctjvhles and outeomtg Ac1ivltsdrIn82o24 Ith 2024 EFAC Global b¢<au% &Mission Pannerof the GSFA (Global South F¢llow5bip of An8lic0n thu[Gh}. Tkn¢ GSFA held first As8emblyTLorth of Cairo in April 2024 arbl EFAC Global r¢pr¢sented by Bishops Henry. Keith and Steptlen as well &8 Stephcn Hofmeyr. Following on from thon AssemblyBithop Stephen parti¢ipated ill the knBlican Orthodox L¢•ders meeting io CAiro. EFAC G]obNI beld an Excculsve MeetiDS a5 weu 8$ a Consuitatiou in Cairo at the same tkme. Th¢ry tbe EXetlY¢ mcl with swer81 otherkGy 5¢8ders trj eXploth¢ fi]ture directions of EFAC Glob. This wss a v¢ry valuable iut¢ra¢tion. EFAC Global prepared a Tespon8e to th¢ IASCUFO draft dooun¢Dtprepared by Anglican Communion fa5k Group. This rponse well receivtd and helped framc other or8aDisation$ Ju their respons¢ to th¢ proposals whtch relatc to the fubjre lead¢thp ad coordillatio• of th¢ Anglican CoEDmunron. EFACpublic&tsoDS 18 Itd by Julia C4JneroD 8Dd wide reach and iwa¢t with thousauds of fyeebooks and w•our¢eJ ingdomthoaded ea¢h year. Obiectiw andplcRYfoY2025 EFAC'S obje¢tivesT¢maill To ¢srablisb new EFAC fellowships in 10 areas To promotr ¢r055.n¢mrki08 8mongst existin8 EFAC Broups To equip EFAC member5 to ongige b2blically with rurretti ideolo8icOidolÈtr&es To idEntify and draw togetherEFAC youth 8lobally To facilit41¢ gath¢rin8s of EFAC th¢0108ians, throu8tL thc TrN To faciliLil¢ rw)onses to devclopmcnt4Uests for help wh¢re thc authority of S¢ripiwe is under thr¢at To supw¢ thos¢ whose faithtsl Chri5tiaD PreSsion is under threat To use 811 avhilable media to facilitate the above EFAC will s¢¢kto achicvc thes¢ obj¢¢ttveA throug. SupJM)rtin8 EFAC f¢llowship5. establishing new ones and er¢8ting opportuniti¢s foren8a8ement amonyt theti4 Facilitating gathcring5 of EFAC theologiaDS both ff8ionzlly and globally. Equipping fcllow5hip$ to e]we biblically (il wlth current ideologi¢slido12tries. (li) wh¢r¢ th¢ authority of S¢riptur¢ is Chall8 jttd (itil wherc faithful Christi&ti profcs8ion i5 und¢rthrea4 Off18 [esou¢S and stratcgir5 for EFAC clergy 92Jd lay lderS t0prch the Word of God faithfully atld to ach th¢ bibli¢al faith through cate¢besis and discipleship tra(niJig,' Ewgingyoung p¢ople in the work ofEFAC botb locally and glob811y,' Serking to d¢velop partThershw with th08¢ who attended thc Cairo tn¢¢ting of the Execu¢iv¢ iti 2024 attd the LgDgb8ro Partn¢tEhip' ContinuiD8 to provide support Sod resoutces for evangelic41 bishop5 atound the world and encourytng f¢llow5hip 8mon8gtevangelicat bisbo Using xil 8vtiiIRble media to f8cilÈtste th¢ abov¢. D¢veloping fiDollcial 8traltgir5 to $wottthc 8bove" PrOessIng the development of EFAC'$ website 2nd databss
Tbe Evangelical Fellow$hlp In the Anglican Communion Trnstees, report 31 December 2024 Flngnel81 Tevlew Th¢ fin8ncia] T¢5uIts for th¢ EFAC Incorl0ted organitIOn are 8e¢out ID the Staiem¢ni of F&rwwfftal Artivitiesoll pag¢ 7. l)uriTr8 2024, EFAC]wl inwme of £39J2712023- £20,637), comwising donations of £36.750 {2023- £I8.118) and illvcsthiemt income of £2,777 (2023- 4519). Of th¢ye donations. £7,51KI (2023- £6.0001 wa5 tt¢eived speeifically to 5UPPOrtthe wrt of the Thr¢¢tor of Publishing. EFAC also received doDatiou5 wnountlll8 to £12.886 spe¢xfically to support the As5¢mbly orth¢ Global South Fellowship of kn81icHn Churches. Thue funds were pass¢d ott kn full tirne for theA&wnbly h¢Jd in E8yPt Jw)e. Sirnilarlyi dottottOJ5 of £3,221 e•me EFAC forJesu¥ Way illTrtiatives in Uganda. Fund$ for all three wern. aordin8Jy. xcounted for part of resttictcd funds. Of th¢ total exp¢nditure of £33.26712023- £18.665), £32.570 {2023- £18,(N19) exp¢nd¢d eharitableactivitics, 5 detsilcd ill t10 3 to th¢ fiD4ncial ststEmen(& Expendittre. 25id6 from the payment5 rn&dc ftDm restri¢t¢d funds m¢ntioned abov¢i primaTily comprtscd of thc cos EFAC'S OWTL consultltion. held io Egypt oo the fritt8es of the GSFA Assembly. Aft¢r taking accoutst Of mov¢ments OD investm¢ttts, the charity'5 tL¢t incominm )lJttd8 forthc ycllr were £5.73112023- £755 Tretout80ing fi]nds). Atthe ¢nd of 2024. EFAC had assets of £61.05712Q23 - £55,326X as d¢tailed in thebalre sheet se¢ out oyj page 8. Th¢ pritKipal a&8ets ofthe charity w¢re iDvestmeJJts of £53.42l (2023- £51170) aod cask of £9.984 {2023- £4,360). Reserve5poI¥6y EFAC'5 fr¢¢ r¢$¢rves Èt 31 December 2023 totalled £57,659 (2023- £52.1521 comprising the ¢hArity's tot81 UDrlCted fimds. The Trustees knvc I1¢Wed the level of fre¢Yeservcs requir¢d by the eltaTity. taking parti¢uloJ note of the ¢ootinuing WLcert&inty of futurc str¢ams from donors. Cousroutnt]y, th¢ ttust¢cs runain with thc obje¢tiv¢ ¢Jf maintaining a l¢v¢) of fr¢¢ rwves of llDt Iw than £50,000. Th¢ TA$t#s keep this r¢s¢rY¢s poli¢y utul¢rre8ul8r review. Finanaolplan3for2025 Thtr Truste¢s t¢mAtn ¢on¢¢rn¢d tr) develop regular fill918l in¢ome streams from group membErs, trus¥ chUke$ ahd it7vI sUPPOrt¢ts. Gr¢s0rd0d?t$'SOrl Cmxl bas ¢ontiDual to Ix Belle1D$ ill His provi5ron forus. W¢ b¢li¢ve that if we acta5 spO0$1bIr St¢w8rds of theEiIts that HE hE$ givcn to H¢ will continue to pVIde forEFAC's ministy in 2025 8nd beyond. The Tru5tec5 are very ¥PprIativ¢ oFthE numerDYS Bcjjemus gift5 ldr by Jugoy since EFAC'5 rebirtjj in 2017 in¢ludingth¢ g¢D¢fou$ SUPPOA for the GSFA Assembly in 2024. How¢v¢r, we would like to bt iti ? P05itson lo be ablc to do mor¢ going forward gnd we therefor¢ ¢n¢ow8g¢ ¢w 8r01 member and all of ourother supptsrtets to Cons th¢ extent to whicFL they ore able to provide rcgutsr fJnau¢i81 support for EFAC'S work. Prlnrlpal rlsk• The Tnee8 have identified and Teviewed the TDajor riyks to w.¢ th¢ EFAC is ¢xposed and are satisfied tbllt appropriateproccsscs are in place to miti8ate thosc ri5k5. Tr risk to wbi¢b th¢ ¢barityis exposed is thc lark of a Tegu]sr8tre4m ofiDcome from donorB and the c4Jn$equent risk of being 8bl¢ to maintsiTr the lovel of culrent Options, TntStee5' rtJPtrLslblli(les in re]¥doJJ to tb¢ Illlgffj¢10I stat¢ments The¢hatitythJstees are responsible forpreparittg atrustees. 8nnual rwort th fil1¢111 STatemts tn accord2rtce applicable law 8nd Unit£d Klngdom Accounting Stattdwds IUnit¢d Kingdom Generally Arrtptd A0tIng Prn¢tirel The law applicgbleto chBritie8 In En8ialld and Wales te4uires the ¢harity tnBtetts to prepatt financial 5tatetncttts for eath y¢arwhidJ give atru¢ 3nd fair view of the slate of affairs of th¢ ¢harity&nd of the incomipg r¢souw xnd application of resource5, of the ch8riry forthatperiod. Tn prepsring the financial star¢menty the Intst¢¢s 8r¢ requiredw: •selert suitsble accountiTEg poli¢i¢s and then appty thern consist¢ntly,'
The Evangelical Felloivship In the Angllcan Communion Trustees, report 31 December 2024 • obsctV¢ th¢ methods and principtg5 ui the applicable Chaolits. Stolcmcnt of Elecommended Prnetice ISORV): • I¢judgeMents and ¢stimAtcs that re#sonable and prndent; ' $tytewhcth¢rapplibI¢ aceouncing stsMdaTds h4ve b¢cn followed subjett 10 any Jwlerixl dcpgrturc$ thai mustbt di5¢1osed and explaincd in the finllncial $t8tcm¢nts,' ' prepgr¢ the fioan¢iai stsicmcntson the going concern b8SiS te5¥ it is iLapproptiate 10 pr¢%ume t thc charilyWtII The tsusteL5 atc responsiblc forkccpuw PTopgr ac¢vuJ]liJ]¥ riyords Ihal disLIwL l4.iih r¢VRabIL al ftny lim¢ thc fJuoLtiAI poyition of The cl>arity 10 eD•blt thLra to ewe th81 the ftswcial stateme5 Lwnply wilh th¢ chl11t5 Act 2011. th¢ applicablc Charitie5 (AcL'ounr¥ a]Jd Rqjortsl KFBulii tion5. and thc provislons ofthe cbarity's trusts. Try arc also re%pin5iblc for regUlA]Ing the *sets of the cbatity aiid tsking rea50Rable slcps for the pJrYMtion an(Y detsciioA of frnlld atyj i>thcr itr¢gularili¢5, The tns8tecs HrL' rtspoiisibl¢ for thc maiBtetW)Lf and inte8rity orth¢ ¢h8tity amd fin8o¢i8l infomwion n¢luded thb"chatity's websit¢ acto¥dBn¢e with legi51&tion the United Kingdotn oveming the pryarwion and diSMintio of financial stsiemen Advssert Bankers Inve51raent Martagers IndepeDdent ExImiTr Corrt¥pondente Correspond¢Dce tOteIng thc rhariÈy should b¢ dIre£ts to.. EPAC 2 All Souls, Place London WIB 3DG The charity's w¢bsitc addrw$ ts %vi¥ Lloyts Bank plG, Butler Plac¢, l Legg Str¢eL Chelmsford CMI IJS WaJk¢rCrips. Old Change House, 128 Queen Victoria StreeL London EC4V 4BJ H C FarLthome F.C.A. King LOO & Co. 5 South Par2d4 Oxford OX2 7JL Sisned, on i11r1)r the on 7th July 2025 Rt Revd Keilh Si CIwian Stcphcn Hofmcyrkc Se¢retsry
The Evangejieal Fellowship in the Anglican Communion Independent Examiner's report 31 December 2024 I reportto the tw$tees on my ¢xamirtation of the ac4ounts ofTh¢ Ev8ngeli¢d Fellowship in th¢ An8ltcan Con))JwJion {cbArity number 1189461) for the period ¢nded 31 Dc¢¢mber2024, which ar¢ set outon pag&s 7 to 13. Rwe¢tlv¢ r•usllTrllltl&¥ of tru$ttu examlner Th¢ charity'5 trustees Erc rcsponsible for th¢ prep4r8tion of th¢ sccounts. The ¢h8rity's t[lee5 consider that an audi¢ 15 no¢ Iquircd forthisperiod uttder Section l44(2) ofthe CharitiC5 A 2011 ('the Chariti¢s Act.) aDd thatan indop¢ndent examinatioD is nceded. It ig my responsibility th examin¢ the accounts under sediort 145 of the Clwiti¢s Act. to fol]ow the pro¢edwe5 laid doyrn in the General Direction5 given by the Ch)rityCommis8ion (under sectioD 145(5Xb) of the Charities Act), ar Io stste whcth¢rparticulBr nJatteTshave cometo my 8ttention. Basts of tspknio My ex8minatioD w&% Carri outin accordance witkn th¢ Gencrol Direction5 given by th¢ Tharity Commisslon. AJJ xaminati¢)n iD¢ludes a rwirw of the a¢counting ordE kept by the charity and acomp¥ison of the accoutLt5 prseuted witb th05c rertsrd& li also includes consid¢rins any llousuaj itet)Js or disdo$wcs in th¢ Collnts Ind 8eekLng explanation5 from the tnJsie¢s concernpng ally suth matters. Th¢ pmcedurcsundertakcn do not pmvid¢ all thc evidence thatwould be reqUid in an audiL aod con5eqU¢lltly no opinion 18 givtll to whdh¢T the accoNT>ts pr¢seJrt 'ttue and fair, view and the report 15 limit¢d to those uthtter& set Qllt in the 5tat¢m¢rttbelow. Indq*ndent ex#wlDtr s statem¢ I have completrd my ex8minètion and confjmi that no mat¢rial rnatters have tome to my attention which give me Te&8onabk ¢au$e ts believ¢ that in any inatwiat respect th¢ rniwrcmts to kccp oUnting records tn accordatttrwith 8eaioD 130 of the Cbwitic5 kn and to prEp&re accouDtswhich accoid wiihth¢ &¢¢OUllling r[d$ ftlldcornplyiyith the accoutttitig requircmcttt8 ofthe CbBriti¢s Act have Dot been mc¢ or to whic}4 in my opittion, 4tt¢ntion sbould be thawn in ord¢t to ¢Dablc a pMPerUtrstHlldln ofthe arcowitsto b¢ relched. H C Fallthoo Kttt8 & Co 5 South PaTad¢ Oxford OX2 7JL
The Evangelieal Fellowsbip In the Anglitan Communion Statement of financial activilles Year ended 31 December 2024 Y¢8r ended 31 Detembtr 202 Unrestrlcted Rtstrleted Fundi Fundi (G¢nera Totsl Funds Total Noles Ineome Donations and It81¢$ Invutmeni trtcome 13,143 2,777 23.607 36.750 1777 18,118 2,519 Yotsl kneome 15,920 23,607 39.527 20,637 Exp¢ndxthre ou ehAritable &¢livitse& Investment fees and eosts 19.187) (697) {23,383) {32J70) (697) (18.049) (616) To¢al expellditsre (9,884) {23J83) (33267) 118.665} Net IDtomel(expettdlturY) 6.036 224 1.972 r4et losses InvestmtI (529) (529) (2.727) Net Intoming funds for y¢*r 5.507 224 5.731 1755) F¥nds #t begJnnlDg of year 52.152 3,174 55.326 56,081 Fund8 at emd of year 57.659 3.398 61,057 55.326 Th¢JE were no oth¢r recognk4rd 88ins or10sS¢S Art respcctof 2024 or 2023 other than those tefiecttsl in the statern¢ of fittla] ¥tiVities. Comp8Tative fL8ure5 ar¢ r¢fi¢cted in note 8 to the5¢ a¢ut& The notes on pa8es Ioto 13 fornj pjrt ofthese accounts.
The Evangelic Felloivshlp In the Anglican Communion Balanee sheet 31 December 2024 Not 2024 2&23 Flxed wets Ittvestments 53.421 51,870 D¢b¢on- Gift Aid te¢oY¢r8bte 1.0 9.984 Cash at bank 4,3 10.984 4.360 Currrnt Ilbllldes AecThll15 (3348) 1904) Nt eumnt 1S5et8 7.636 3,456 55.326 T•tl nrt &wts 61.057 Unr48trict¢d funds-8¢tteral Restricied futtd8 57,659 3,398 61.057 52.152 3.174 55J26 Approv o# btbAifof thoThi¥teti ktRevd Keith si&¥1r Chirmon Michael HAII Tre8sur¢r 7th July 2025 Tr on pag¢s 10 to 13 forrn otthese accowits.
Tbe Evangelleal Fellowshlp In the Angliean ComniuTrion Cash flow statement 31 December 2024 Ytir ¢nded JI December 2024 Yer ellded 31 Detemb¢r 2023 N¢t rnovuneTht ill fijuds for ycar AdjustmGJrts for. Lv¢sttnetrtiD¢ome Invcsimettt C05t5 lttvesttnetit losses (htcreaseYdrtase7ll debtots Incr¢£((deCrcaS¢) ttt creditors 5.731 (755) (2.777) 697 529 11319) 616 1727 Net¢ gtnErlYd byl (useaiThy op¢¥8kn¥a¢lhltt¢ 5.624 973 c11 flows from Invesdng 8Ctlvhles Porchase of irtvesiments Prowjs from sale ofinv¢sth)ents N¢t uued Ill flDanclg *¢Uvltles Cb8Dge e¥sh and cash equiv8lents during the year C%5b 4Th41 v¥sb equfva]¢uty otthe of theyexr 5,624 973 4260 3,387 Casb 4nd tasb equlvolents atthE elld of the year 9.984 4.360
The Evangelical Felloiv$hip In the AnglleaD Communion Notes to the accounts Period ended 31 December 2024 A¢cowidDg polIcle5 (x) Basli of prepfirgtlull •B5usme ofgokng concer Th¢ fanCIal st8t¢]u¢ntsb&v¢ b¢gn preparcd und¢r the histtsrl¢ cost conventiov wkth items e08D]Sed at cost or transaction value unlES$ othcrwis¢ stated in th¢ r¢l¥vant to these 2ccoun15. The fmanciat 5tstements have been preped in aCCOTdJrc iyith the Ststrrnent of RecomrnEndEd Prn¢ti¢¢'. Accowrting al Rq)ortkng by Choritie5, applicable lo chaTilie5 preparing their finamtial statemettts in 2£cordancc ith the Finall¢ial Reporting S¢and3Td applic8bl¢ in the UK and Republic of Ire]aJJd (SORP FRS 102) the Charitics Act201I. Th¢ ctsty mcrL5the definition of a[bliC benefft ¢nwwJderFRS 102. ThG ITSte con5iderthat there aT# no tnateriat unwtsinties ab(pllt theTn'S ability to COntine 2$ 4 goirtg collce WithT¢spect to th¢ ll¢xt reporting pcriod, the mos¢ si8rtifirtt artas ofunceTtsinty gre thc reBulErity of the charity's income 5tre3Tn frorn dimor group5 and individua15. andth¢ level of inv¢stroerrt rett and th¢ rformanCe of inv¢skneotnJ8rk¢L8 which afftcL the canying va]uc of th¢ ¢harity's asset& (by Fllnd Xf¢OURtlng Unres¢rictsdfynd¥Ycpresentfullds th4t 6rc notsubject to aDy ¢oostraints r¢g3rdJnB thcir use and are av?iiable for the g¢n¢ral purt)se5 of the charity. Th¢5c include fimd5 dÉsnaredbythe trustees fora p#rticular pwp054 a5 uplained in 01¢ 7, if 8pplic&bl¢. Rurtdedfuttd3 wresentdonatiODS or groots received for a specifi¢ object or invited by the trustees for Isp¢cific object. These funds may ODly be expended onthespecifir objeci forwhich theywere ven. DEl>i15 of thc r¢5tridfilljds arc provid¢dtn note 7. (c) Don#tions and legades Donations aud legaGi¢s ar¢ recogws<d wh¢n the ¢ntitl¢ment to thc rconomtc benefit ts8$ passed to tbe charity its mon¢tsry valvr b¢ m¢asurrd reliabty. Arnots reccivable dr fonn¥ olpl2ttDed 8iVirt8 are only reeOgJed when rec¢ived from th¢donor. Grants and legacies are acrounted forwhen ¢utitlement L$ Dolified, the amount e?Vable ts quwutifiable and its ul¢in)aie receipt i$ probabk. tLcome T&x]tcovtrnblc on dDn&tioDs pven utdwGiftAid i5Te¢o8rrised8ttb¢tim¢ of the dLmio {d) Investment llleome Dividend and interest illcomc from investhjents rwiskd on an accrulls basis ypon receiw from the ?fivcslm¢TttmW8¢fs. {e) Expendlture retognitio Liabilitits arc rccogDiscd as expenditu as as 1$ a leg81 orcoTJstru¢iive ob]igatso# como)iltiD8 Ihc ¢h8rity to that EKpenditrJTe, il is probablc that scttlancntwill b¢Trquircd and thc of th obliwdtion call bc r¢liably measured. Exp¢nditure is illclude4J on an 0ccnlS basis 8rtd beon ¢Jassifj&l under h¢aditt8s that aggre8 all stsrelatedto the catEgory. Inv¢5tments Investments 5tyted 8tn)arket vaJu¢ at the balanc¢ sh¢¢1 d. Reali5ed Bains and losses arc Tte0]Sed upon the thsposal of investsllents. u[li5¢d and I0eS arc ac¢ouTtted foron the revaluation of inv¢stm¢nts at the year end and Ère tsken to th¢ Sthtemcnt of Filjatal Aaiviues. C4$h #t bluk and ID band Cath attmuk and cash im hatsdi)cludes and short highty liquidinvEsth)¢nts with z short atsity of three months or I$ from the da of a¢qu2sitiofLoropclliug ofthe dep11 orsim11 ac¢(AwL ifj io
The Evangelleftl Feuftrwsbip in the Angl%can CommttRIoR Notes to the ¥ceounts Perfod ended 31 December 2024 DoD#tlons and leg8eteJ Ye#r ended 31 December 202 ITnrestrltieO Restritled Totsl FUd$ Funds IGeDer411 Totsl EFAC Broup Jnemb¢r5 ChuTch¢$ 8rtd trJ5ts rndldu]s- donations (JiftAtd 10.0 10,000 14.168 11.5¥2 1,000 10.000 14.168 8.764 675 2",818 325 2.105 13 13.143 23.607 36.750 18,118 OldonfilK •lldJ¢8ticic5wivedin202J.£11.910wuwrti¢t¢dl£JO.C•)O BFAc8ptE¢lJ. £l.8WI from11¥l1'£1j fromGiftAld)4nd£6208 w45tcmid<d 1£6,IM ¢hut¢h¢54Th1 frofftindNidllals}. ExpeMdltsTEVtt ¢h•rhxble •¢tMtItS Yer ended 31 Decemb¢r 20 Uwrestrl¢tsd Restrl¢ted Funds FuDdB (G¢oeTS 2023 Totsl FuJhdB Totsl Fynds HoDoNia Administrntiv4 web&i + offi¢e costs Pr¢f¢ssional fees Txxvel Accommodation + subsist£nce EFAC CDllsuItstioo GSFA A55¢tnbly Iyoyproiect 1.750 2,573 1,098 1,697 7.SlX) 9,250 2,573 1,098 1.697 9,5 4.543 1,632 1.776 75 523 2.069 1069 11886 2,997 12.886 2.997 9.187 23.383 32.570 18049 31 DttembEr2023- rtstrlcted Fynds (G¢xtr*l} 3.5 4J43 1.632 1.776 ys 9.SC4) ProfeBsson81 ftts rTrvrl 1.6 1.776 75 52J bltthiog rclow Gojts 523 EI.5Z6 1&0é9 HonoKari8tt18ttd to pasrynetstsm8&tyth¢ G¢n¢rdl S¥oEW8ud Dtyectorof PublisbiDg.
The Evongelleal Felloivshlp in the Anglican CommunloD Notes to the accounts Ptriod ended 31 December 2024 Inve5thJ¢nts. Llsted 2024 2023 AtbeBinning of year R¢valuation losses duritL8 thty InvestaWLt iucome reinvested lttv¢sullent f¢¢8 and costs 51,810 1529} 2.777 {697) 52,694 (2,7271 {616) At ¢Dd of y¢4r 53.421 51.870 Tru9t¢ None of th¢ tte¢S rw¢ivrAlllorwJsdu¢ w)y reJnuTmtiLm inTespECt ofthe yearor thcwior year. No ¢xp¢Trses are paid atty In¢¢. occasiooal. Iow-vmiue rcivthrn¢llts aTC mad¥wherc ovcrIdE1o]jS arc St•ff costs Thc ¢mploypeB. d1hO employ¢¢ncfflvthl anolth*wt¥ gbov¢ £60.00fr. 31 Dember 2024 JaNy8ry 2024 Incoyne 8xpend1tre InY¢9tment £ losses t3nmtrkted funds fjetlernl fimd 52,152 15.920 (9,884) (529} 57,659 Reitsleted Director of Publishing GSFA Assembly Dirrctor of thr TheologL1 Rtsourc Network-Jesus Way prnject 2,942 7500 11886 3321 (7.500) (12,886) (2.997) 2,942 232 456 55,326 39.527 133,267) (529) 61,057 12
TheEvangellcal Fellowship In the Allglican Communlon Notes to the accounts Périoql endeql 31 Deeember 2024 Prlor year Ststementof TrInrAl A¢tlvllle$ Y¢#r ended 31 Decewber 1023 Ullresttlcted 17nrutrlcted Re5trf¢t¢d Fund5 FuDds Fullds (GcDErnD IlkslgD8t¢d) Totsl FuMdA lllcome 0Ments Dottation5 andlegacie5 IDvesthent iDCOTne 11,910 1519 6,208 49.678 2.326 2.539 Tot41 Ineome 14.429 6.208 20,637 52,004 Exp¢Dditsre Exp¢nditutc on ch¥ritoblc activiti¢8 IDve6tmeDi fees and costs (11.526) (616) (6,523) - (18.049) 158J8Q) (6161 {688} Totsl expendltsre (12.142) (6.523) 118,6651 {59.468) Net expcmdlthTe 2.287 (315) 1,972 {7,464) Ne¢ Oossesl Investmellts (2.727) {2.727) (11,798) r4et(olloolDgyADromthg tslldsforth¢ yellT {440) (315) (755) 1192621 Fulldi gt begthning of year 52,592 3,489 56.081 75243 FuAd$ ot end of ye#r 52.152 3.174 55,326 56,081 13