Charlty Number: 1190037 HIGH PRAISE CHAPEL TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 HIGH PRAISE CHAPEL RoPOrt8 and Accounts Cont•nts Page A(Imlnlstralive Detalls Trustees Rewrt Independenl Examiner's report statement of Flnanci81 Aclivllles Statement of financlal posthn Notes to the Accounts 9-11 HIGH PRAISE CHAPEL ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES Board of Trusteès Simeon Yamoaha¥usu Stephen Okyere Pwthika De A￿5 Prlnclpal office addrèsB 91 Fryont Grov8 London United Kingdom NW9 7HE Accountsnts Nuam3 & Co Chartèreil Certifiad Accountants 102 Mil¢ham Lane London SW16 6NR Bankern Naknnal Westminister Bank Pk 250 8ishopgal8 London EC2M 4 HIGH PRAISE CHAPEL Report of Truste68 The tnjstees present their reFQrt and a¢￿UntS for the year end&1 31 December 2024 The Trustees have adopted the provi3ion8 of the Statement of Rewmmended Practice ISORPI "Accounting and Reporting by Charities IRevi8gd 20051 in preparing the annual report and linancwl statements of the ¢harity. Oblectlve of th¢ ¢harlty a• lald down by th• Tru•t D•8d The Core oble¢ts of th* ¢harty continue to be" To eslabllsh churches, ministries and community event8 To organise eonvenlions. conferences and seminars To carry out missijnary activities and To promoto ffjstivals, ce18biations and exhibitions. REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS The Slaltrment of flnancSal acuvltles 18 8et out on pag6 7 of the finan¢i81 $¢atsments. A $nap8hot of the linan¢i81 r¢$vlls 1$ sat out below Ineom• G•n•ratlon The maln of Incom8 Is from dthes, oflerlngs and don8tlonB from members Inv•8tm•nt Poll¢y Al present the TIu81ee8 have deekled lo18ave all suWu8 fund8 in the account thelr prlndpal bankers Fundr•l¥lng Athltl The ch8rlty r¢li¢$ solely on contrfbutlons from Its members. The charfty does not employ any profesS￿n81 fur)rtr8islng bodl&s. R￿trIct•￿ Funds There are no restrict￿} funds operated by the charity. All lunds are avwlable for use at the dlscrelion of the Trustees. HIGH PRAISE CHAPEL Re$orv•s Poll¢y The Trustees have decided to spend as m￿h money possible on fvrthering the core objects of the charity whilst maintaining 8ufficieni ¢ash fvnds to ensure sustainabifty th the charity. Reylew of chaiity activitie$ The charity has continued to undert8ke acbvitsès In Ilne wilh Its obièckn'ves and has sèen growth In glving to its work Govemane• and Int•mal Control Appointment of Trustees are done by the existing Tru$tsgs ￿th ¢on$u5tstiDn of the view of the church members as to truSty￿rthIness ￿ e8ch person, Rl8k Assessment The Tru3te08 consLd¢r the key operational, financial and siategK TiSks that may have a te8rino on the 8etivi8s of the charity. suitab￿ management Information ly avail8b￿ to the Tfu$le8s on a regular basis to monitor Ihe8e risks and allow any mlllg81ing actlon to b& lgken to address them. Trust￿. Rrtpon¥lbllltl Charity law requires the Tru$iee$ lo prepare flnancial statements for each financial year whl¢h give true and fair view of Iho stAte ol affaiis of the ch8rity 8nd of its gfinan¢ial a¢tivilies for the yaer. In propirarlng tho8• flnanclal 8tatemontJ. tho Trutsto0• ar• rwLilr• to: I gel&ct suitable accounllng pollcies and apply them consistantty", 2 make judgernenls and estimates that a￿ reaSona￿e and prudent., 3 State whether applicable accounting standards and stemenls ol re¢ommened pracllce have been l05low¥d, $ubJe¢t to any dop8rture$ dls¢bsed and explglned In the rinancial statements.. 4 pr8p8re the flnan¢ial stal•ments on the golng conc&m ba$18 unless11 is Inappropnal• to assurne th8t Ihe Char￿ will contSnue In operatth. The Trustggs are r8pon$lbla for k8oping accounting and financial records which disclo￿ wlth reasonable accuracy at any time the financial position of the eh¥rity and to enablè them to ensure that the financial ststements comply wlh the Charitles Acts 1993. They are also responsible for safeguading the aB6esls of the charity and hence for taking reasonable $lepB for the prevention and dele¢lion ol Iiuad or other Irrggularit*. The report was approved by tho Board on the 28 October 2025 and slgned on It8 beh8Vt by Mr SIm￿n Yamoah-owus Trustsg Chairperson INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HIGH PRAISE CWEL I report on the accounts of Hlgh Pr8iSg Ch8p81 lor the y88r ended 31 D9￿mber 2024, arg set out below. Ro•pg¢tlv8 r98ponBlbllltl•B tsl tru8to•8 and •xamln•r A5 Ihe charitys trustee5 you ore re8pon81)lefc* the prepafation ofthe accounts. yobj consthrthal Ihe audit requirement ol section 439121 of the charities Act 1993 (the Acll does not appty. 1118 my responsibility to state, on the basis of procodur¢? $pecified ol the Gener81 Directh)ns gSven by the Chartty Commisslonets gI￿n undw SeCt￿n 43171 Ib) of the Act8, whether p8rticul8r m8tters h8V8 ¢Lyne to my att¢ntson a*1• of Ind•pendent •xAmln•r'• r•port My examinat￿￿ w88 carfied out in accordan¢8 wAth Ihtr Ggneral Diro¢tion8 givon by tho Charity ¢tymmissbner8 An èxamlnAtlon includes the rev￿ of accounting records kept by the cherity and a comparison of tha accounts presènted vrith hosts records It al80 in¢lud8s ¢on8ider8lion of any unusual itwty or di8ciosuw in Ih? BCCQUnt•, and 8eeking 8xplanalion$ from ytsu as Iru81g•s con¢ernlng any $u¢tt mattars. The pr