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¢ EVaDge1￿￿E Fellowship iTr the An￿ltAll 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￿ As￿LIt10n gov¢med by 8 CoustibJtiotL. EFAC re-re8iStercd 3$ a charxtibl¢ IllCO￿￿Ettd organisation ('CIO') with thtchariry Collunission on 13 May 2020 {regi$tr8tion number 11894611. The assots. liabiliti¢5 artd aciiviti¢S of EFAC (re8iStered ¢haTityuumbw212314) w¢re tsBnsf¢rr¢d to th¢ CIO with ¢ffe¢t from 31 December2020. EFAC Ir¢gistered ¢hority numb212314) was T¢moved from the Ch8rity Commission r¢8iStet during 2022. R8tablished tn E961 by the lat¢ Revd Dr Jolin StOttcB￿, sometiTUC Rector of All Soul's L4Ngham Pl&c¢, ChiplaiD to HM The Queert 2nd leading ¢vangelieal theologian, the purpose of EFAC w8s, and collsinues to be, to eLcourage deve]op biblically fllithfvl fellowship. leaching fjnd mi55ion throughoutthe Angli¢8n Q}nuM￿l0￿. EFAC'S aiDJs ￿st on the collviction that a stron8 bibli¢81 withcss 18 essentid for the life and health of the ADgli¢on Colluntsoion. within the widerwutextof se¢ki'#% fllBtGod'$ kingdom and th¢ buildin8 up of Hi$people. Tbe ¢haTity' alan4 B¢t Olbt in its Constitution. ate as foIlows.' to prornole the Gospel of our Lord Je5U5 Christ through upholding th¢ Supreme 4uththity of Scriptllre in mBttt45 of bDth faith ST￿ rA)nduct throughojrt the Augli¢an Communion at evy l¢vel of its lifr and witness. to 5tatsd with membets of theAnglican Conimutsion in a commitmentto biblical obedienc¢, particularly ID the oreAS of Christion discipleship, servallt l¢adership. faithful conduc4 church retL¢wal, and mi5SiOll illtkc world,. to f05*r fdlowship 8TLd uttiry in the Ap￿1011¢ faith at)￿n8 ￿an8th¢al Anglir4Ls andto build strong relationships both loca]Iy And globally thmughoutthe World,. and be a rcsour¢¢ for devdoping and encourngitsg biblie4Uy f￿"th￿l witsess and leadership in spheres of li ¢spectally by.. tthits8 counsel togetheron iinportsnt i55ucs. wjd 8Tti¢u]atin8 gogp¢I di8tinrtivos the areas of faith, ord¢r, life and mission bypublTGqtions and tst1￿ media. Publle b¢n¢flt Th￿Tr￿tr¢s r¢co8Oi8e thcirT¢spon3ibilitie8 towards public benef>1 und¢r the requir¢ments of th¢ Ch&ritieg Aci 2011 and hav¢ bad regard to th¢ guidancc fivm the CharityCoLJmi55iott on publiG bwjefit. The Trustees b¢li¢ve that EFAC, ill advancing th¢ Chriwll rcligion, knfÉts itldividuals alld so¢i¢ty by motivattrt8 peopl¢ through its visiou of 8 trwjsfonned aud p¢#¢e-fdicd wtsrld aod the tlourishin¥of humankitjd und¢r God, to serv¢God and love tbeir eighbour* To thi5 elld, EFAC advanc¢5 the a￿l￿ti80 religion by eJJab]iDg andsupporting biblieally faithful fejlowsbip, ieacbing and mission thmughout thc Anglkwi ComTllUniOL. GoveTn4n¢¢ and Org*NI￿tIOn The chority has a knard of tnJste¢s whiGh ¢D$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 OV￿51S￿talld accouutability of staff Blld conjmittees witFtitJ EFAC r¢S￿dIng 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¢ll￿ts 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 d￿laratiOnS 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 ￿$01￿10￿ of its 8overniD8 body PPPOIDL The Coun¢s1 olso itielude8 all the members of its Exwutiv¢ Commtttee. Al 31 December2024. the Council Com￿sEdthe following.. Au¥tralss •Rt Revd Stepheo Hale (Choir) Engjgnd •Rt Revd K¢ith Sinclair New Zealand Revd RithATd Trtst *Steph¢n Hofm¢yr QC Revd Mark Hood Revd Davc cl￿ Nig¢ria Scotland *Rt R¢vd Sarnuel Ejeofot Revd David M¢CaTthy Rcvd CanoD Alall CbBdwick Walcs Revd JÉM Grifflths USA R¢vd RicbaTd Cro¢knr member ofihe E¥eculive Commiiiee (see below) ExeLYÉive Commiltee Th¢ Ex¢¢utive CoJJJ]nittee has r¢sponsibility for tbe dAy-t￿d1Y mstta8¢ttk¢nt ofEFAC's affairs, as delc8ated to it by the Trustecsaod th¢ Couuril. Thc Ex¢(utiv¢ Cotllmitte¢ consists of the officers appointed by the Cowi¢ii, ¢owrisiug a Pr¢sid¢lli au Ex¢¢uiiv¢ Committ¢¢ Chainw & G¢n¢r8t S¢¢retary, YdTt¢asu￿ralld up 10 Sir illdividuais ￿p￿Se0￿￿& s far &$ wuible. Atsglieatt eVa￿lIca]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¢heEasI￿1 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 s￿re￿. 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 Ac1ivlts￿d￿rIn82o24 Ith 2024 EFAC Global b¢arity 10 eD•blt thLra to ewe th81 the ftswcial stateme￿5 Lwnply wilh th¢ ch￿l11t5 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 diS￿Min￿tio￿ of financial stsiemen Advssert Bankers Inve51raent Martagers IndepeDdent ExImiT￿r Corrt¥pondente Correspond¢Dce tOt￿e￿Ing 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 i￿11r1)r the on 7th July 2025 Rt Revd Keilh Si CIwi￿an 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$wcs in th¢ ￿Collnts Ind 8eekLng explanation5 from the tnJsie¢s concernpng ally suth matters. Th¢ pmcedurcsundertakcn do not pmvid¢ all thc evidence thatwould be reqUi￿d in an audiL aod con5eqU¢lltly no opinion 18 givtll ￿ to whdh¢T the accoNT>ts pr¢seJrt 'ttue and fair, view and the report 15 limit¢d to those uthtter& set Qllt in the 5tat¢m¢rttbelow. Indq*ndent ex#wlDtr s statem￿¢ I have completrd my ex8minètion and confjmi that no mat¢rial rnatters have tome to my attention which give me Te&8onabk ¢au$e ts believ¢ that in any inatwiat respect th¢ rniwrcm￿ts 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 pMPerUt￿rstHlldln￿ 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 It8￿1¢$ 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 Investm￿tI (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 fitt￿la] ¥tiVities. Comp8Tative fL8ure5 ar¢ r¢fi¢cted in note 8 to the5¢ a¢￿u￿t& 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 Il*bllldes AecThll15 (3348) 1904) N*t eumnt 1S5et8 7.636 3,456 55.326 T•t*l 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 Ch*irmon 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 Ye*r ellded 31 Detemb¢r 2023 N¢t rnovuneTht ill fijuds for ycar AdjustmGJrts for. Lv¢sttnetrtiD¢ome Invcsimettt C05t5 lttvesttnetit losses (htcreaseYd￿rtase7ll debtots Incr¢￿£((deCrcaS¢) ttt creditors 5.731 (755) (2.777) 697 529 11319) 616 1727 Net¢￿ gtnEr*lYd byl (useaiThy op¢¥8*kn¥a¢lhltt¢ 5.624 973 c￿11 flows from Invesdng 8Ctlvhles Porchase of irtvesiments Prowjs from sale ofinv¢sth)ents N¢t uued Ill flDancl*g *¢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$hip In the AnglleaD Communion Notes to the accounts Period ended 31 December 2024 A¢cowidDg polIcle5 (x) Basli of prepfirgtlull •B5usme￿ ofgokng concer Th¢ f￿anCIal st8t¢]u¢ntsb&v¢ b¢gn preparcd und¢r the histtsrl¢￿ cost conventiov wkth items ￿e08D]Sed at cost or transaction value unlES$ othcrwis¢ stated in th¢ r¢l¥vant to these 2ccoun15. The fmanciat 5tstements have been prep￿ed in aCCOTd￿Jrc 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¢ cts￿ty mcrL5the definition of a[￿bliC benefft ¢nwwJderFRS 102. ThG IT￿Ste￿ con5iderthat there aT# no tnateriat unwtsinties ab(pllt theTn￿'S ability to COntin￿e 2$ 4 goirtg collce￿ WithT¢spect to th¢ ll¢xt reporting pcriod, the mos¢ si8rtifi￿rtt 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 dÉs*naredbythe 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¢5trid￿filljds arc provid¢dtn note 7. (c) Don#tions and legades Donations aud legaGi¢s ar¢ recogws