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2024-12-31-accounts

Charity number: 1192583

Issachar Ministries UK

Trustees’ Annual Report and Accounts

For the year ended 31 December 2024

Issachar Ministries UK

Contents

  1. Charity Information

  2. Trustees’ Annual Report

  3. Independent Examiner’s Report

  4. Receipts and Payments Account

  5. Statement of Assets and Liabilities

Issachar Ministries UK

Charity Information

Charity Name Issachar Ministries UK Other Names Issachar People Principal Address Bedford Heights Brickhill Drive Bedford MK41 7PH

Financial Year End 31 December Bankers CAF Bank Limited 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ

Trustees Christopher Cobbold resigned 3 October 2024 Vanessa Edmonds appointed 30 November 2020 Meriel Forshaw appointed 11 April 2025 Karen Goodman appointed 16 October 2024 David Noakes appointed 27 March 2025 Nicholas Szkiler (chair) appointed 7 December 2021

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Issachar Ministries UK

Trustees’ Annual Report

For the year ended 31 December 2024

Review of the Year

Issachar Ministries was founded in 2020 to promote the Christian faith.

During 2024, the charity focused on preparing and equipping Christians to live out their faith in this fast-changing world.

The charity’s main activities during the year were:

Feedback from participants in the charity’s activities has been extremely positive. In particular, those who attend the Sunday Gathering really appreciate both the content of the meetings, and the community that has formed around them.

During the last quarter of 2024, the trustees reviewed the strategic direction of the charity. This resulted in the development of a new website, which brought together a number of resources of interest to Christians, and those enquiring about the Christian faith. A new working name, Issachar People, was created for this website. The trustees also decided that the charity should discontinue the selling of Christian books and resources, as this was making a loss and was not felt to be a core activity. The small remaining stock was given away.

Governance and Management

The charity engages four part-time personnel (either directly or on a contract basis), who are responsible for key functions including administration, finance, and editorial. During the course of the year, the Office Manager, Jacqueline Barber, retired. To facilitate a smooth transition, she stayed on at a reduced number of hours during the process of recruiting a replacement.

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Issachar Ministries UK

In 2024, the charity partnered with Sarah Winbow to deliver discipleship and other training on an ad-hoc basis. The balance of the charity’s activities were carried out by around ten volunteers.

The charity is governed by a board of trustees who direct the overall activities. Around the end of 2021, the trustees had delegated day-to-day management to Christopher Cobbold, a volunteer who served as General Manager and supervised the charity’s staff. He was subsequently appointed as a trustee to formalise his role. Unfortunately, in October 2024, he was forced to step down from both positions due to failing health.

The trustees thank all the staff, contractors, and volunteers for their faithful service, and in particular extend their best wishes for the future to Jaqueline and Christopher.

All staff and volunteers work from home, and as a result the charity has a virtual business office address in Bedford, as well as separate storage facilities for books and resources. The contract for the latter was terminated in late 2024 when the sale of books and resources ended.

The charity is aware of its data protection responsibilities and communicates these obligations to its supporters accordingly. Those on the database have expressed a wish to receive communications from the charity. Supporters can request to be removed from the database at any time. The database is maintained and reviewed regularly.

Risk Management Statement

The trustees regularly review the major risks to which the charity is exposed and, where appropriate, deal with the issues at hand and or put in place systems and activity to mitigate those risks. The trustees are committed to ongoing risk assessment and quality monitoring processes. A Trustee Indemnity Policy is in place as well, as other relevant insurance policies.

Public Benefit Statement

In planning the affairs of the charity, the trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit, and the supplementary guidance on charities for the advancement of religion.

Financial Review

The trustees take the view that the charity is still in the startup phase, and its financial position is continuing to develop. 2024 was the charity’s fourth full year of operations, and the overall number of supporters is stabilising. Support for the Sunday Gathering has grown. The trustees are grateful to all who donate time or money to the charity. However, despite overall receipts of £89,565, total payments amounted to £100,906, resulting in a deficit of £11,341. The largest area of expense was staff costs, and the trustees will be closely monitoring this to ensure that expenditure is kept at a sustainable level.

The trustees have taken actions to reduce expenditure. The sale of books and resources has been ended, as the profit on sales was less than the cost of rented storage for the stock. The charity has switched to using email as its primary means of communication, saving the

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Issachar Ministries UK

considerable costs of printing and postage. A very small number of printed newsletters are still sent to those supporters without computers.

There were a small number of other notable financial matters. The charity’s first residential conference made a small loss, but it was well-received by delegates, and the trustees hope that any future conferences will generate a small surplus. The website development project was completed on time and on budget. The costs for this were moderate and were not treated as capital expenditure. The deficit on restricted funds was mostly due to an outstanding amount from Prophecy Today Ltd, which was received in 2025.

Reserves Policy

The trustees consider it prudent that the charity should keep sufficient funds in reserve to provide working capital and to enable it to fully satisfy its financial obligations to staff and creditors, should the charity be unable to continue its operations. The trustees have set the appropriate level of reserves as £18,000 or approximately three months’ unrestricted expenditure. The charity’s deficit in 2024 has resulted in the reserves being somewhat less than this target, and the trustees are working to address the situation.

Approval

This annual report was approved by the trustees on 18 September 2025, and is signed on their behalf:

Nicholas Szkiler Chair of Trustees

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Issachar Ministries UK

Independent Examiner’s Report

To The Trustees of Issachar Ministries UK

I report to the trustees on my examination of the accounts of the Issachar Ministries UK (“the charity”) for the year ended 31 December 2024.

Responsibilities and Basis of Report

As the trustees of the charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept by the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

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Issachar Ministries UK

Receipts and Payments Account

For the year ended 31 December 2024

Receipts
Donations
Legacies
Resource sales
Conference bookings
Prophecy Today support
Other charitable activities
Interest received
Total Receipts
Payments
Wages and other staff costs
Contract services
Conference costs
Online course costs
Sunday Gathering costs
Prophecy Today expenses
Resources
IT and website
Travel expenses
Newsletters
Office and storage costs
Insurance
Trustee meeting
Independent examination
Sundry items
Total Payments
Surplus / (Deficit)
Transfers Between Funds
Cash Funds as of 1 January
Cash Funds as of 31 December		 Unrestricted
Funds
£
Restricted
Funds
£
Total
2024
£
Total
2023
£
50,130
9,494
59,623
77,257
1,000
-
1,000
2,856
7,846
-
7,846
2,195
6,686
-
6,686
2,686
-
14,000
14,000
-
62
-
62
10,238
347
-
347
710
66,071
23,494
89,565
95,942
23,036
25,662
48,698
37,589
11,178
-
11,178
9,618
7,111
-
7,111
10,667
3,645
-
3,645
-
-
3,423
3,423
-
-
380
380
1,656
3,937
-
3,937
3,038
3,768
1,683
5,451
4,607
557
-
557
585
3,892
-
3,892
8,243
7,804
274
8,078
8,427
657
-
657
689
1,551
-
1,551
-
660
-
660
660
1,687
-
1,687
3,829
69,482
31,424
100,906
89,608
(3,411)
(7,930)
(11,341)
6,334
-
-
-
-
19,226
1,295
20,521
14,187
15,815
(6,635)
9,180
20,521

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Issachar Ministries UK

Receipts and Payments Account

For the year ended 31 December 2024

Notes

  1. These accounts have been prepared using the receipts and payments method in accordance with section 133 of the Charities Act 2011, The Charitable Incorporated Organisations (General) Regulations 2012, and Charity Commission guidance CC16.

  2. All figures have been rounded to the nearest pound. Consequently, there may be minor discrepancies between column and row totals and the sum of the individual items.

  3. The figures for 2023 were calculated using the accruals method and are not therefore directly comparable to the 2024 figures.

  4. Unrestricted funds are available for the general use of the charity at the discretion of the trustees.

  5. Restricted funds are monies received for specific purposes, namely the costs of the Sunday Gathering and to support the charitable Christian work of Prophecy Today Ltd.

  6. The charity does not have any endowment funds.

  7. In 2024, no trustees received expenses (whether paid directly or reimbursed) for their duties as trustees.

  8. In 2024, Mr David Noakes received payments from the charity totalling £200 for speaking at two Sunday Gathering meetings. Mr Noakes was appointed as a trustee on 27 March 2025.

  9. There were no other payments (other than reimbursement of expenditure made on behalf of the charity) to trustees or related parties in 2024.

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Issachar Ministries UK

Statement of Assets and Liabilities

As of 31 December 2024

Cash In Bank
CAF Current Account
CAF Deposit Account
Total Cash In Bank
Other Monetary Assets
Debtor – Prophecy Today Ltd
Total Other Monetary Assets
Liabilities
Wages and pensions owed
Tax and NI owed
Total Liabilities		 Unrestricted
Funds
£
Restricted
Funds
£
Total
£
6,484
(2,711)
3,773
9,331
(3,924)
5,407
15,815
(6,635)
9,180
-
7,000
7,000
0
7,000
7,000
330
342
672
650
679
1,329
980
1,021
2,001

Statutory Notes

The charity has not given any guarantee where any potential liability under the guarantee is outstanding at the date of this statement.

The charity has no debt outstanding at the date of this statement that is owed by the charity and which is secured by an express charge on any of the assets of the charity.

Approval

These accounts were approved by the trustees on 18 September 2025, and are signed on their behalf:

Nicholas Szkiler Chair of Trustees

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