1-4k%?c.harW].nist"r.iÈ%.UK' sachar Mlnlitrl•s UK Charlty No,. 1192583 Charltable Incorporated Organlsatlon No: CE022876 Accounts and Truste Annull R•POrt Year Ended 31 December 2023
Is4ch<ir MiriiStr.i'ès U.K Ac.c.L)i.Iijtrs-aiTrLI Triisfèes Aiiiiiifif--HfrpoYi f(sr rlie Year Fijcfed jY't)echih)b'er•O237.- Index Pay Nufflber Charlty Information Trustees, Report Statement of Flnanclal Actlvltles 8alance Sheet Notes to the Accounts Detalled Statement of Flnanclal Actlvltles Independent Examlnevs Report 9-17 18-20 21
44.r'. tsgacfiat.'MiftJstrfes.UK-" :, 'A'ecoLlllts an Charl Info lon Tnjstees The Trustees durlng the year ended 31 December 2023 Mr Nick Szkller Mr5 Vanessa Edmonds Mr Spyrakls Efthlmbu MT Christopher Cobbold 28 Aprll 2023 28 Aprll 2023 G•n•rnl Manwr Mr Chris Cobbo5d Admln15tr•tor Mf$ Jacqu8llnÈ 8arber Flnandal Controller Mrs Nadlne Crawlord-Plper Rewstered Offlu Addf•SS Bedford Hel¥hts Brlckhlll Drlve Bedford MK417PH Bafike CAF 8ank Ltd 25 Klngs Hlll Avenue West Malllng Kent ME194JQ The Charlty 5s operated under the rules stlpulated by the Chadtles Comm1$510n. Overall manaBement of the Charity is the responslblllty of the Trustees.
1ssè<liar.Mliif5krieilK '.Actoiiti¢¥.3nd.'TrngteèshAnnya)I ÈpiifT.frir'tk"wYéar'.gntleii"Y.i".tSécÈ¥hber.oO.23".' Trustees Re ort Charity Informatlon on structure Governance and Management Chlrltablo Ststus The Charity numbor 1192583 wa5 rgg15tered on 30 November 2020. Issachar Minlstrles UK 15 8 Charltable Incorporated Organi5ation wlth Company Reqlstration number: CE022876. anlsètlon The charity is focusslng on provldlng supportfor the eommunlty through the SL4ndav Gatherln8s, occaslonal reglonal meetlngs and the Dlsclpleshlp Tralnln8 Inltlatlves. The organ15atlon al provldes resources for C+M Mlnlstries and Prophecy Todav. The organisatlon employs four people, all on a part-time basls who are responslble for key furbrtlons around admlnlstratlon, ftnanclal record keepln8 and edltorlal work Th• b8lance of the 8cEivltles are ¢arrled out by eleven volunteer The or8anisatlon ha$ a board of 3 trustees who direct the overall artlvities. The trustaes have dele8ated day to day management to the General Manager who also ha5 respon51blllty for Human Resources and Ilne managemenl of the employed staff. All staff and volunteers work from home and as a result we have ? vlrtual buslness offlce address Sn Bedford and stora8e facillties for booksand materials. The charlty Is aware of Its GDPR re5ponslbllltles and comrnunlcates these responslbllltles to Its SUPPOrters accordin8ly. Those on the database have expressed a wljh to recelve communlcatSons from the charity. Supporters can request to be removed from the database at any tlme. The databast Is malntalned and revlwÈd regularly. Rl k Mana ¢ment ement The Trustees fe8ularly revlew the major rlsk5 to whlch the charlty Is exposed and. Whe approprlate, In place sy5tem5 and artfvity to mitl8ate th05e r55k5. The Trustees are committed to on8oin8 rlsk assessment and quality monitorlng processes. A Trustee Indemnlty Policy is in place as well a5 Other relevant Insurance pollcles. Ob ectlves and A¢tlvlt ès The Charit$ obJertlves continue to be the advancement of the Christlan I3h In accorda with The Statement of Falth in such ways as the Trustees thlnk flt.
Accotints aniTfO"4t.'ées'A'nYitiBI.Reryi)r.Iilo't Achlevemen an Performancé Issachar Minlstrles UK (elsewhere referred to as'the charlv and 'the organlsatlon'l was operational durlng thls perlod. The Trustees have had due regard to the Buidance publlshed by the Charlty Commi55ion on Publlc Benefft, and they See a fulfllment of these rasponsibilities as follows- l. Advanclng the Chrlstlan falth throu8h wrltSng. teachin8 and remlndlng people of thls natlon'5 Chrlstlan herits8e and culture,. 2. Providlnl networklnl opportunities,. and 3. Encouragln8 and t8achin8 through books and newsletter5 and Interpretlng current events In the Ilght of Chrlstlan values. The charlty r•port$ a surplus of £6,33412022: £14,937) with Ineome not utilli•d treated a5 delerred Income. Included in the surplus Is net re5trlcted Income of £1.28912022.. £61.The tot41 funds held bythe eharlty at thls Year End15 £21,240 and Is In allBnment wlth the Charityls ReseNe Pollcy.12022 £14,9061. serves Poll The Tnjstees have aEreed to a ReseNÈ Pollcy 01 É18,000 at ihe flnancial year end. Th15 polky15 based on the ratlo tsf donations to expenses, and to fvlly satisfy Its flnanclal obll8ations to staff and creditor5, worklng on a three rnonths, notlce period Lo settle all debts should the charity be unable to continue Its operatlon5. The charlty has applled for recognitlon by HMRC In order to reclalm Gfrft Ald. The charlty does expect to recoup some Gift Ald retrospectivelv.
AceoitnEs'Dri(I'Tri3Stée5 Annual Repbitfurl b3i'Eltdèci41.bdc¢in'ber 2023"."; Trustee Statement Durln8 the course of the year the Trustee5 focused on preparlng and equipplng Chrlstians to adapt and fulfil thelr personal ministry In thls fast changing world. Issachar Mln15trles UK took over the tlnanclal respon51blllty for Prophecy Today Llmlted (Reg. No. 094651441. a not for proflt company which 15 Ilmited by guarantee and facllltated the marketlngi arbd sales of Cllfford Hill's book5 Includln8 the new tltle," 8ecoming an Issaehèr People" Re Ib The flnanGial statements have been prepared In accordance with the Statement of Recommended Prartice Accounting and Reporting by Charltlès, preparlng thelr accounts In accordance wlth the Flnan¢ial Reportlng Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Charltl¢s Act 2011and UK Gen•rally Accept•d prartlce és it applies from ljanuary 2015. The Trustees ore respon51ble for keepin8 accountin8 records whlch dlsc105e wlth re350nable accuracy at any time the financial positlon of the Charrty. and whlch enable them to ensure that the flnancSal statements comply wlth appllcable law and regulatlons. The Trustees are also respon51ble for $afe8uardln8 the ass•ts of the Charlty and hence for takln8 reasonable steps for the preventlon and detectlon of fraud and other Irregu18rltles. The charlty's Trustees conslder that an audlt is not required for thls year under sectlon 144121 of the Charlties Art 2011 (the 2011 Act), however. the accounts are Indepondently examlned. These statements ha¥e been revlewed and agreed by the Trustèes In post at year end in 2023 The Trustees confirm that they are In a8reemefit wlth these responslbllltles and that they keep up to date wth charlt¥ Law and are contlnuln8 to take the nece55pry actlon to ensure that thelr re5poftsibllltles are d15charged wlth due dlllgence. The report has been prepared havln8 taken advantage of the small companles. exemptlon in the Companles Att 2006. Nick Szkller Vanessa Edmonds Chalr of Tru#oos Trustee and Treasurer Approved on: zo/i/zo z }
ATEMENT OF FINANCIAL AcrivinES For the year ended 31 Deumr2013 1073 Unr•strktqd 2023 TOTAI 20 Unr•thld•d TOTAL Charftabl• Attl¥ttl•i 10.830 3,324 14.154 10,282 3,850 14.132 DonalTr$ Recd¥ed llncludlniufll11I0n ql D•fwr•d In¢•m*l 60.113 965 81,078 87.644 87,644 710 ?io Tol•1 91.653 95.942 97.gji 101.711 EmndIra on: Adm•¥0 •nd Ch•rlt•bl• CDsts 86,608 09,601 3,QC 97,644 Tot•1 4dmln1str•l•lff th4fftJbl• •xpdr• 86 84.608 Incom•lexp•ndllur• 5.045 1,289 6,334 14,931 14,937 Toi•l lundi broutht fDAvard 14.900 14,906 -31 -31 Totrlfvnth arrf•d 1,295 21.240
(ssa¢tsarMtnlstr.le'&'.U%:: Aecti(¥rt'tsand'trasr2ÈtAriftti-?I'Rètt'dltfor'tht,Yé3Y'Fn£fed 34piJé¥ei71ber2rf21:.' BALANCE SHEET A5at JI De¢omber 1023 2023 2022 Curr•nt Assets Cash at bank and In hand 20,521 44,027 Amount owini from Prophecy Today 14,706 15,306 TOTAI A55ETS 35,227 59,333 Credftors: amounts falllni due wlthln one y4ar- Deferred Incom• .13.225 -44,027 Cr•dStor$- Attrnals -762 400 Tot•1 Curr•nt Assets 13,987 -44,427 N•t wrr•nt assets -13,9B7 44,427 Totsl Msets le55 ¢urrent Ilabllltl•i 21,240 14,906 The funds of the ¢h•rlty Unrestrlcted Income fvnds 5,045 14.931 Restrlrted Income funds 1.289 UnTe5tTlcted income brought fonvard Ilncludin8 prlor year dSu5tmentl Restricted Income funds 8rouEht loN4ard 14,9LKI -31 TOTAL FUNDS 21,240 14,906 Nick Szkiler Chairof Trurtees anessa Edmonds TNstee and Treasvrer Dated. ZO/q/ ZO Z 4
135aeharMlniairie¥U¥'- 'rust<g¥Aniiiial',Itep"ei¥l'.fDpthe'Ye3rÈndèd...37'£1)é¢e"rnb"wr-.?oY3'. e5 to ttte Flnanclal S l. Ac¢owitln8 Poll¢les B•sls of accoufitlng The Inanclal ststements have been prepared under the hlstorlcal cost conventlon In accordance wlth the Charities 508P IFRS 1021'Ac¢ountin8 and Reportlng by Charltles: Statement of Recommended Prartlce applicable to charltles preparln8 thelr accounts In accordance with the Flnancial Reportlng Standard appllcable In the UK and Republlc of Ireland IFAS 1021 leffertlve l January 20151,. Flnanclal Reportlng Standard 102 ihe FlnaTiclal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, and the Charitles Art 2011 Art. ISSACHAR MINISTAIÉS UK meets the deflnltlon of a public benefrt entity under FAS 102, Assets and liabillties are Inftlally re¢o8nlsed at hlstorlcal cost or transactlon value unless Oth•Ist stated In the relevant accountlng pollq notelsl. The flnanclal statements are prepared In 5terlln81 whlch Is the funrtlonal currenry of the charlty. Monetary amount5 In these flnanclal statements are rounded to the nearest £. Fundi Unrestrlrted funds- are monles avallable for use at the dlscretlon of the trustees In furtherance of th•ir charltgble oblectSve5 unless the fijnds have been deslgnaied for other purposes. Restyicted funds -monles suble¢t to specific condltlons imposed by the donor orfundraisinu events held for particular purposes. An¥ balance remalnlng unspent at the year-end Is cèrried forward Bs a balance on that fund. Inwmlni rnsoums All Incoming resources are Included In the statement of flnanclal ?ctlvltles when the Char¢tV 15 ent6tled to the income and the amount can be quantified wlth reasonable accuracy. The followln8 specSflc pollcles are opplled to partlcular cateqorles of Income.. Inwme Is recognised when the charity is le8ally entitled to it after any performance conditlons havè been met, the amounts can be measured rell8blyi and Is probable that income will be received.
lssatharMinlstrte5 UK-. Arttiurfltna':.Tru5tges.'AniflJBI.*i¥poh-'for th'e Notes to the Flnandal Stataffl•Tts- C¢yntinued CHARITABLE INCOMÉ l)on•tloDs Rttelved Income from donatlons compr15e Income generated from the followln8 sources: Donatlons reived Membershlp subscrlptlon5 where these are In substance Gifts In klnd and donated services and lacllities Legacles Income from donJtlons and le8acles Is defined In the Charftles St•tement of Recommended Practlce IFRS102 50RPI at paragraph 4.31 and 4.32. Charftabl• A¢tl¥ltl•$ This includes Sale of goods gr serv5ces as a charitable artlvtty Sale of goods made, or seTvlce$ pded by the charltable beneflclarles Income from charltable actlvlties is dellned In the Charltles Statement of Recommended Prartlce IFRS 102 SORPI at para8raphs 4.33 to 4.34. Where Income. relatln8 to 5peclfic accountlfi8 perlods, Is recelved In advonce, thls 1$ deferred on an accrual'5 b4sls to the period to whlch It relates. Such deferrals are Includéd In current Ilabilltles. EXPENDITURE These comprlse all the expendFture Incufred In meetin8 the charltable oblectlves Ineludln8 amounts spent on.. The dlrect prov15ion of charltable servl io
Accobrils?fftfTrilSteès AhhUalilÈobrt fdr theYe3r Endèd,>'i,6eceriilJÈi.?ii?3': Notes to the Fln&ndal Statements- Contlnu¢d 2. Incom• from ChaTltable Actlvltles 2023 2023 2023 Unrestrftted Funds Re5trlct¢d Funds 2022 TOTAL Tot•1 Charltable Actlvltle5 10,830 3,324 14,154 14,132 TOTAL 10,830 3,324 14.154 14.132 3. Incom• from Donatlon$ R4eèlv*d 2023 UnTestrldod Funds 2023 R¢strSrt•d Funds 2023 2022 TOTAL Tot•1 Donatlons Recelved 49,311 965 50,276 87,644 Utlllsatlon of Deferred Income 30,802 30,802 TOTAL ao,1 965 81,078 87,644 li
Aecounts and"Y,rii4teé5Atl"rittsip0itl5tr-¥he.yea Èa¢iÈ' d.',3&.:'0"cenlb".èts23 Notes to th• Fln•ndal Statsrnents-contlfiued Expeiidltuie on thwltable Actlviiles Unr•stilrt•d Fund5 Reslrl¢ted Funds 2023 2022 2023 2023 TOTAL TOTAL Charltabl• Expendlture Support costs- admin Governance Cost- Independent ExBmlnerf5 Fee 22,994 3,000 25,994 19.240 62.577 62,577 67,204 660 660 4(V3 Adlustment 377 377 TOTAL 89.608 12
-Ad¢oun hlotes to the Flnandal Stst•mÉnts- Contlnued S. Dlrert Charll•ble Expen Unrestrlrted Funds Rastrlct•d Funds 2023 TOTAL 2022 TOTAL HEART Insert Charges PropheryToday Cost5 Mlnlstry Posta8e C05ts Cort of Book purchases for resale SON pnd Emall Costs 1,030 1.030 5,500 1,656 1.656 6,459 4,740 4,740 1,198 3,038 1,614 3,503 3,503 625 Re8lonal Meetln8S Crosslng Over and Oanatlons for Speakers 10,667 10,667 1,360 1.360 TOTAL 22.994 25.994 19,240 6, Total stsff £0rts for th• y••r ended JI DKember 2023 w•re: 2023 2022 alarfes and wages 36,332 43,274 ension costs 1,257 1,424 37,589 44,698 There were no ernployeEs whose annual remunefatSon was £60,000 or mole. Saiailes and PensltsTh costs ère ngt amounts after allocallon charges tt) ProPhewTod3y£6,5CI2O22 E8,3001 13
Numberofstsff 2023 2022 AdmlnlstTrtfve Volunteers li TOTAL ?. D•btors due In one ear 2013 2012 mounts due from Prophècy Today 14,706 15,306 14.706 15,306 nx)urts Du•15 th n•t ¥ft•r movomont ofr. Z023 2022 undry payments made on behalf of PT 150 Ilocation ot Salary payments to ProphecyToday 6,500 8,3CQ Ilocatlon of ProfesslonaS sUPPQrt fees 750 +M brotsght forward amounts 6,486 mounts Recelved from ProphecyToday et m0mant fw the year 1S,306 14
Is*Èhar'MlriistrfesUK. f,=. . 'Aeiobnkn¢idTrWÈ'tees Annual,Flepiirt loy th'e.Yéai Ènded >i:,De¢vmbe¢i21123:' NDt•s to th• Flnandal Stthments~ Cantlnued 8. Credltors due In one ear 2023 2022 efL¥Ted Income 13,22S 44,027 rua AL 13,885 44,427 9. Mo¥em¢nl In Funds- Ufirejlrlrted Funds Current Ye•r Balance at Intomlns Outyoln8 Balance •t 0110112023 Regour¢•s Resources 3111212023 Unrestrlcted Funds- Current 14,900 91.653 -86,608 19,945 year Tatal 14,91JO 9L653 46,608 19,945 UnTe$trfcted Funds- Prev10119 year Ba1ce at In¢omlni Outlolni Balance •t 0110112022 resources sources 3111212022 Unrestrlrted Fund5 -31 97.931 3mO 14,90Q Total -31 97,951 14,900 15
'. 1 é$4&DrllMtstiies'Uk .'Accolinls'.arii4,frtJtees A'nt(IlaI.'*epoffJr.tevear.ffded'...(jé.eM1jr.:oI¥.. N<>t•s to the Financlal Ststemefits- Contlnued 10. Mo¥•ment In Funds- Restrlcted Fund$ Current Yeai 11. Movement In fvnds RestrlLted Funds- Current Year Balance at 0110112023 Incomlng resources alance at 3111211023 r•sour5 Restrlcted Funds TOTAL 4,289 4,289 -3,000 1,295 1,295 R•strkt•d Funds Pr•¥l4ui Year 2021 Ba14n¢• at OIIOV2022 Intomlni resoyrces Outiolni fespurces Balan ot 3111212022 Rertrlcted Funds 3,850 350 .3,844 YOTAL Restrlcted Income and expendlture relate to donatlons received for speciflc book resources, State of the Natlon CDS and de518nated amounts recelved and expended for Sunday Gatherlni meetlngs. 16
Atiaunt5 i< ndYhilE'tyés*hnuailpepbit'ldrtii¢Yètrfniièd3'.1 bècerT?ber?t>23 '... 11 Analysk (rf net assets b•tween funds Unrestricted Funds Restrlcted Fund5 Total Funds Unrestricted Funds Restricted Funds Total 2023 2023 2023 2022 2012 2022 Fund balancffi •5 it 31 O•¢•mber 2023 rewtht•d Cosh and Debtors 33.938 1,289 35.227 59,327 59,333 Less Credltors •nd accruals .13,987 .13,987 -44,427 44,427 D•l•nce •t year •ftd al Dernmb¢r 14,906 19,951 L289 21,240 14,900 17
iShaT1,nistr,lÈs.x...: Arcotint5 3hfvrustèé¥ Arfttft81 Repbft'ittrtlietst Erfded'41 'cphibél:?ogy: Not•5toihe Fthand•l Statements- ContSnued Detalled Statement ol Flnan¢lal Actlvltles INCOME 2023 X112 Webinar5 5.949 652 Sale of Resources 2,195 4.442 Re8lonal Meetings 2,686 TOTAL Charltable Artlvltles ,830 5,094 DesnldIR•1Ieled Funds.. 8ecomin8 an15sachar People 1,699 State of the Natlon 1,625 4,529 Other Deslgnated Income 965 3,850 TOTAL Ot518nated/Restrlcted Incorne from Other CharSL7ble artlvltlqs 4289 8,379 Sunday Gatherlng 2,591 387 Prophecy Today Donations 6.228 3.615 Gener81 Donatlons 37.636 20.828 Deferred Income utlli5ati¢)n 30,802 Legacy Income 2,856 300 Total Ine before Interejt 95.232 101,776 18
' liccounts and trusiÈéS Anti"(ial"R'efr"apt'fc)rth@'Yè.atrtrfde"rt".31 U).ecerAtYert"033'. - 2023 20Z2 In¥¢rtments &ank Interest recelvable 710 Tot•1 Int•r•st Incoffle 710 TOTAL INCOME 95,942 101,781 DIREcf EXPENDITURE HEART Insert 1,030 5,50) PropheryToday Costs 1,656 6,459 Mlnlstry Postag* Costs 4,740 1.198 Cost of Purehaslng Books for resale 8ecomln8 on Issachar People REStrlrted Spend 38 1,614 3.000 SON and Emall Costs 3,503 625 Re8lonal Meetlnis 10.667 Desi8nated Spends TOTAI Charlty, OesS$nated and Restrlrted spend$ 1,360 3,844 25,994 19,Z40 Admlnlstratlv• •nd other Support Costs: Salaries. Staff Costs includin8 travelllng 36,332 43.274 Penslon 1.257 1,424 Staff Travel 585 410 Telephone. Stationery and General Office CDSt5 4,778 2,315 19
Attotinti"3n<i'.TrU'&éès:Arinu?I'Re . I15t71e*uK Or.theYeèYEAdgt141.be¢emlléi.'QO?¥ Staff Away Days 250 1,991 2022 Virtual Offlce Cost 3,649 2,185 Flnance Charges Istrlpe, CAF, Take Payments) Webhostlng, loom and IT related costs 812 685 4,607 3,972 Insurance 689 Contract Staff Payment 9,618 10,308 Total Offl(• Expenses 62,577 67,204 Expenditure Adjustment 377 Independent Examinatlon Fee 400 Tot41 ¢•9ources expend 89,608 86,844 Exp•hdltur• 6,334 14,937 20
Issachar Ministries UK Accounts and Trustees Annual Report for the Year Ended 31 Decembef 2023 INDEPENDENT EXAMINERS REPORT ISSACHAR MINISTRIES UK FOR THE YEAR ENDED 31 DECEMBER 2023 Independent ex•mlner's report to the Trustee5 of Issachar Mlnlstrl85 UK I report to the trustees on my examlnatlon of the accounts oflssachar Mlnlstrles UK I'the charltv'l for the year ended 31 December 2023. ResponslbSlltles and blS of report As the trustees of the charlty you are responsible for the preparatlon of the accounts In accordance wlth the requlrements of the Charltles Act 20111.the Act'l. I report In respect of my examlnatlon of the charltrfs accounts carrled out under sectlon 145 of the 2011 Act and in carryin8 Out my examlnation I have followed all the applicable dlrectlon5 given bv the Charlty Commls51on under sertlon 14515llbl of the Act. Independerf ex•mlnees ststement I have completed my examln3tlon. I confirm that no material matters have come to my attentlon In connectlon wlth the examlnatlon glvlng me cause to belleve that In any materlal respect: accountlng record5 were not kept In respect of the charlty as requlred by sectlon 130 of the Act,. or the accounts do not accord wtth those records.. or the accounts do not comply wlth the appllcable requlrement5 concerning the form and content of accounts set out in the Charltles IAccount5 and Reports) Regulatk*ns 2008 other than anv requlrement that the accounts gSve a 'true and falr, vlew which 15 not a matter consldered a5 part of an Independent examlnatS0n. I have no concerns and have come acros5 no other matters In connectlon with the examlnation to whlch attentlon should be drawn In thls report In order to enable a proper understandlng of the account to be reached. J R Caladlne FcCAA FCIE Caladine Limited Chartered Certrned Accountants Chantry House 22 Upperton Road EastbouTne BN21 IBF 21