FAITH r4 CHARITY Charity Reglstratlon Number: 1189888 Truste88 Annual Report for the perlod 1st June 2024 to 31•t May 2025 Our Arms and objectlves Our ¢harity's purposes as set out in Ihe obi8Cts contained in the charlty constitution are lo.. Advance the Christian fallh for the benef(1 of the public in accordance with the Statements of Belief of the charity. In particular, but not exclusively. by means of broadcasllng messages of an evangellstic and leachlng nature, through the use of religlous radio. televlslon, audlo and video plafforms, Internel, soclal media and the written word. Ensuring our work delivers our alm8 We rèvlew our aims, obJecliv8s and acllvltlas each yoar. This review looks al what we achleved and the outcomes of our work In the prevlous 12 months. The review looks at the success of èach key aclivlty. The review also helps us ensur8 our alm, ob]ectlves and actlvities remalned focus8d on our stated purposes. W6 have ref8rred lo the guidancé contsined in the Charity Commlsslon's general guidance on public beneflt when r@viéwlng our aim and obJe¢tlves and in plannlng our future actSvlties. In partlcular, the Trustees ¢on81der how planned activlll8s will contribute to the alms and objectives Ih6y have set. The focus of our work Our main objécllves for the year conllnued to be in Ilné wSth our purposes and aims as sel out above. The strategles w8 used to meet thes8 objectlves included mainly Ihe applicalSon of the fundSng raised from the general publlc towards tha promotion of the purposes and aims of the charity by applylng funds towards the broadcast of the gospel of Jesus Christ by means of television in the United Klngdom of Christian television programs. How our actlvltles dellver public benefit All our charitsble actlvities currently focus on the broadcast of the gospel of Jesus Christ by means of assisting with cosl relating to the broadcasting on television in the United Klngdom of Christian television program5. Flnanclal Revlew The level of donations received by the charity currently does not exceed £25 000 per year. Against the b8Gkdrop of limited resourcos, it has continued to be drflicult to plan or develop se￿iCe$. Nevertheless, the charity generated revenue from donations for the peri￿ amounting to £ 10 55312024 £ 7 9321. Prlncipal Fundlng Sources The princlpal fundlng sources for the charity are currently donations from the general publlc. Aside from retaining a prudent amount Sn reserves each year most of the charlty's funds are to be spent in the short term so ther6 ere few funds for long term investment, Reserves Policy The Management Committee has examined the charity's requirements for reserves In light of the main rlsks to th6 organisallon. It has established a policy whereby the unreglricted funds not committed or inv8sled in tangible flxed assets held by the charity should b8 Utilised for the broadca8t of Chrlstlan lelevlslon programs. Th8 charity does not employ staff and has Ilmited expenses Ihat need to be cov8r6d. As a result11 Is currently considered that a conseNatlva reserve policy is not currently requlred and available funds should be applled lo the princlple purpose and alms to the greatest extent posslble. The present level of reserves availabl8 to the charity of £ 5 606 is Iher8fore acceptable. Plons for Futur8 Perfod8 The charity plans continuing the actlvSties outllnad above In the forthcomlng years sublecl to satisfactory fundlng arrangements. structure, Governance and Management Governing Document The organisalion is a charitable Incorporated organisatlon whose only votln9 membeis are ils charity Trustees. The charity was r8gister8d on 10 June 2020. Recrullment and Appolnlment of Management Commlttee The charity Trustees are known as members of th6 Management Committee. All members of the Management Commlttee give their time voluntarily and received no benefits from the charity. There were no expenses reclaimed from the charlly. Trust8e Induction and Tralning The Trustees are already familiar with the practical work of the chaAty. Additionally, any new trustees are Invited and encouraged to attend a series of short training sessions using the charity adminislration inforrnation and guidance regarding the responsibilities of chaAty trustees that is freely available on Ihe webslte of the Charity Commission. Ongoing discussions be￿een the Trustees assist to familiarise the Trustees wSth the charity and the context within whlch il operates. The obllgations of Management Committee members. The main documents which set out the operational framework for the charity. Resourclng and the current financial position as set out in the latest published accounts. Future plans and objectives. Rlsk Managem8nt The Manag8menl Commlttoe h88 conducted a review of the major rlsks to which the charlty is exposed. Where appropriate, systems or procedures have been established to mitigate the rlsks the charity faces. Internal control rlsks are mlnlmised by the implementatlon of pro¢edur85 for authorSsation of all transa¢llons and prol6cls. Thes8 procedure8 are periodically reviewed to ensure that they continue to meet the needs of the charity. Re8ponsSbllltles of the Management Commltt8e The Management Commlttee prepares financial statem8nts for each flnancial year whlch glve a true and fair view of the slat& of the affalrs of the charlty as at the balance sheet date and of Ils Incoming resourc98 and appllcallon of resources, Including incomè and 8xpenditur8, for the financial year. In preparing those flnanclal slal6ments, the management committee should follow best practic8 and: select sullable accountlng policies and then apply them con8lslently: make Judgements and esllmates that are reasonable and prudent., and prepare the financlal statements on the going concern basls unless 1118 not approprlate to assume that the company will conlSnue on that basis. The Management Committee Is responsible for maintalnlng proper accountlng records which disclose with reasonable accuracy at any time the financial posllion of the charlty. The Management Committee Is also responsible for safeguarding tha assets of the charlty and henc8 for taking reasonable steps for the prevenllon and deleGtion of fraud and other irregularities. Members of th8 Management Commlttoe Members of the Management Commlllee, who served during the year and up to the dale of IhSs report were.. Ruben Andre Roebert Izak Chrisloffel Marais Graham John Thompson regory Niall Clur Appointed 4th February 2025 Appointed 41h February 2025 Appointed 51h May 2025 Appointed 1 Oth June 2020 Dr Bradley Mark Norman Dr Waldo Malan Resigned 4th F8bruary 2025 Resigned 28th January 2025 The Trustees certrfy that.. so far as we are aware, there Is no relevant audit information of which the charity's audltors are unaware., and as the Trustees we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant audit informallon and to establish that the charity's auditors ar8 aware of that Infomiatlon. the Management Committee on 6th August 2025 and signed on Its behalf by.. MrGN ur (Trustsa) 6h Augu8t 2025 FAITH TV- CHARITY (CIO) Annual Financial Statements for the year ended 31 May 2025 Publlshed 08 August 2025 Faith TV- Charity (CIO) Annual Financial Statements for the year ended 31 May 2025 General Information Country of incorporatlon and domlclle United Kingdom Type of ¢harity Charitable incorporated organisation (CIO) GNClur Dr B M Norman Dr W Malan Trustees Reglstered office Wlllow Fami Brickfield Lane Chev8nlng Road Sevenoaks Kent TN 132S8 Bankers Unlty Trust Bank Level of a$suran¢o These annual financial statements h8ve been internally Compiled by the trusteès Faith TV - Charity (CIO) Annual Financial Statements forth8 year onded 31 May 2025 Index The reports anrl stat•mènt& $ètout baltswooTnpy&a thg annu81 fiTranrAal•t81etnen*w¢6en¢gd l¢ustees'. statemenlof FInE￿(al Postuon D*tsi19d Incorno Stofemonl Slatsmgntof Changes In Equ Slatemenl ofCa8h Acc4)unlng pol￿8$ Page Thè onnual fin#ndalJtsteTnenls s8louton pogo$ 3 10 7, which h$v8 been Pfepared on the goink cL4)Cttrn baBiS. Wgro appravad tsy the tru6tsè¥ on 08Augu8t202S and were 8lgned on Itsb&halltsy.' ON¢lur RARoeb omwon Faith TV - Charity (CIO) Annual Financial Statements for the year ended 31 May 2025 Statement of Financial Position as at 31 May 2025 2025 2024 A86ets Current A5sgts Cash and cash equivalents Totsl Assets 5606 522 5606 522 Equlty and Liabilities Equlty Accumulated surplus Total Equity and Liabilitl 5606 522 5606 522 Faith TV - Charity (CIO) Annual Financial Statements for the year ended 31 May 2025 Detailed Income Ststement 2025 2024 other income Gifts and donations 10553 7932 Operatlng exponses Bank ¢h8rges Broadcast cos15 143 5326 127 13000 13 127 5469 Surplus Ideficit) tor the year 5084 (5 1951 Faith TV - Charity (CIO) Annual Financial Statements for the year ended 31 May 2025 statement of Changes in Equity Accumulated Total equity surplus Balance at 01 June 2023 S717 5717 Def￿1t for the year Balance at 01 June 2024 15 1951 522 5084 15 195} 522 $084 Surplus for the year Balance at 31 May 2025 5606 5606 Faith TV - Charity {ClO) Annual Financial Statements for the year ended 31 May 2025 Statement of Cash Flows 2025 2024 Note{sl Cash flows from operating activitle8 Cash generaled from (used inl operations 5084 {5 1951 Total cash movement for thè yèar Cash al the beginning of the year Total cash at end of th¢ year 5084 522 {5 1951 5717 6606 S22 Faith TV - Charity {ClO) Annual Financial Statements for the year ended 31 May 2025 Accounting Policles Presentation of Annual Flnanclal Statements The annual financial slatements have been prepared in accordance with the International Financial Reporting standard for Small and Medium-sized Entities. The annual financial statements have been prepared on the historical cost basis, and incorporate the principal accountlng policies set out below. They are presented In Britlsh Pound Sterling. These accounting pollcies are conslsl8nl with the previou8 period. 1.1 Significant judgement8 and sources of estimation uncertainty In preparlng th8 annual financial statements, managem8nl is required lo make judgements, estimate5 and assumptions that affect the amounts represented in the annual financial statements and related disclosures. The 8Stimates and 3s80¢ialed assumptions are based on hlstorirAI 8xperience and other factors that ar8 considered to be relevant. Actual results in th8 future could differ from th8s8 8Stimates which may be malerlal lo the annu81 linancial slatemenl5. Critlcal judgements In applying accounting policies Management are required to make Cdlical judgements in apptying a¢￿untIng policies from time lo lime. The judgements, apart from those Involving estlmalions, that have the most slgnlficanl effect on the amounts recognised in the annual financial statements, are oulllned as follows.. Key sources of8stimat￿n uncertainty The flnancial slalements do not include assets or Ilabilllles whose carrying amounts were determined based on eslimalions for which there is a significant rlsk of malerlal adlus&menls in the following financial year as a result of the key estimatSon 88sumplions. 1.2 Flnanclal Instrumonts Inltial me88uremenl Fln8nclal Instruments are initially measured ot the transaction price (including transactlon costs oxGept in the initial measurement of financial assets and liabilities that are measured at fair value through surplus or deficltl unless the ?rrangemenl Gonsts'lules. in effect, a financing transaction in which case it is measuréd at the present value of the future payments discounted al a market rate of interest for a Similar debt inslrumènl. Flnancial Instruments at amortised cost These include loans, trade receivables and trade payables. They are subsequently measured al amortised cost using the effective interest method. Debt instruments which are classified as current assets or current liabilities are measured al the undiscounted amount of the cash expected to be received or paid, unless the arrangement effectively constitutes a financlng Iransactlon. At each reporting date, the carrying amounts of assets held in this category are reviewed to determine whether there Is any objective evidenc6 of impairment. If there is objective evidence. the recoverable amount is esllmaled and compared wlth the carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced lo its estimated recoverable amounL and an impairment loss Is recognlsed Immediately in surplu5 or deficit. 1.3 Revenue Donations are recognised, in surplus or deficit, when the charity's's right lo receive payment has been established.