2025-03-31-accounts

CHARITY REGISTRATION NUMBER: 1197064

PRAYER FOR ISRAEL UNAUDITED FINANCIAL STATEMENTS

31 MARCH 2025

VINEYARD ACCOUNTANTS

Chartered Certified Accountants 5 The Chambers Vineyard Abingdon-on-Thames

PRAYER FOR ISRAEL

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

	Page
Trustees' annual report	1
Independent examiner's report to the trustees	7
Statement of financial activities	8
Statement of financial position	9
Statement of cash flows	10
Notes to the financial statements	11
The following pages do not form part of the financial statements
Detailed statement of financial activities	22
Notes to the detailed statement of financial activities	24

PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT

YEAR ENDED 31 MARCH 2025

The trustees present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Objectives and activities

Policies and Objectives

The objects of the charity are:-

(i) To advance the Christian religion by promoting the Gospel, extending the Christian faith in the UK, Israel and elsewhere.

(ii) To relieve need and hardship among persons resident in the United Kingdom, Israel and elsewhere.

Public Benefit

In the setting of the Charity's objectives and planning its activities, the Trustees have sought to uphold the Charity Commission's guidance on public benefit.

The Trust primarily seeks to further the claims of the Christian Gospel and to relieve hardship, distress and need, with a special focus on Israel. Personal links with those in Israel have been established over the years by regular visits, so those that the Charity seeks to benefit are well known to us. We are therefore able to communicate accurate and reliable information to our prayer partners.

The Trustees are satisfied that the Trust meets the public benefit requirement by the support of a wide range of charitable activities that are aligned with the objectives and uses this in the forward planning of the charity.

Strategies for achieving objectives

Keeping our partners regularly updated on the needs for prayer as well as wider needs is fulfilled by the production and mailing out of a monthly Prayer Bulletin to nearly 5000 subscribers. For up-to-date information the partners are encouraged to go to the website, which is updated frequently with the latest news. During the year we improved the frequency of our email communications to prayer groups, to make urgent prayer requests known and provide news updates in a timely way.

Throughout the year we receive encouraging feedback from numbers of prayer partners. The news, and the way it is disseminated within the Bulletin is well received and used by all our prayer groups. Additional information is regularly distributed via email and the charity's WhatsApp channel, and the number requesting this type of communication continues to increase.

All the Trust's employees work from home, and the team meets up regularly for the important and appreciated face-to-face away-days at a central location. The number of meetings held in local churches continues to increase. Due to the ongoing situation in the Middle East, we continue to deliver a weekly Zoom 'Gathering' with speakers joining from Israel and the UK. These meetings have proved informative and encouraging for our prayer partners with good numbers attending each week.

During the year we launched a new website, with much improved connectivity and content. We now regularly produce our own videos and podcasts to supplement our teaching resources, which are available through our on-line portal. We aim to provide informed teaching and further background information on our activities, to help those wishing to go deeper into the Christian faith.

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PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2025

Objectives and activities (continued)

Long Term and Short Term aims

With the ongoing situation in the region, staff visits were not possible during the year. However, we were able to fulfill a two-year vision and host a retreat for Arab pastors' wives in Cyprus. Our thanks go to the female UK volunteers that facilitated the event, which was a real blessing to the women attending, many of whom had not had any respite from the pressures of church ministry for a number of years. Feedback received has been very humbling.

Our prayer partners are embracing the improvements in communications the new systems and the website has brought. There is also the benefit of reduced travel and cost. As our prayer partners are located throughout the UK, and sometimes more distant, remote technologies like Zoom will play an important part in what we do going forward. Zoom is a good fit to help PFI augmenting our regular communications in a personalised way while reducing costs.

Social investment policy

The monthly Prayer Bulletin distribution and weekly on-line Zoom 'Prayer gatherings' have enabled the Charity to keep its partners informed of the challenges facing congregations in Israel and elsewhere, effectively making them aware of the specific and urgent needs for prayer. Partners have been able to personally question those joining from the region, a regular experience they welcome, and would be very limited if we returned to more traditional meetings.

Volunteer policy

The Charity makes use of volunteers only to assist with one-off special events such as conferences and special prayer gatherings, not day-to-day. A volunteer policy and pack is in place.

Financial grants

The aims of the Charity remain focused on education and awareness regarding the Christian faith and does include making grants to individuals and institutions mainly based in Israel, as well as in the UK and elsewhere. Grants are made either at the request of the donor or at the discretion of the Trustees and Director, under a 'where most needed' policy. The grants to individuals are to those involved in full-time or part-time Christian service with known needs and have inadequate funding from other sources. Such grants have been awarded to known ministries and organisations that promote the Christian message, and in several cases support the ageing, youth, the relief of poverty and drug/ alcohol rehabilitation. All are visited as regularly as possible by the Director and trustees. Unfortunately, no visits have been possible this year.

The largest percentage of grants continue to be made from restricted funds. The Trustees meet three times a year for formal trustee meetings. Grants are made quarterly and reviewed by all trustees at quarterly distribution meetings. Individual and institutional grants are made to those known to advance the Christian message.

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PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2025

Achievements and performance

Review of activities

The charity (a CIO: 1197064) commenced activities on 1 January 2023. It is a continuation of the charity Prayer for Israel (charity number 326132) which was registered as a charity in 1982.

Activities

Regular prayer events continued on Zoom in the form of weekly on-line 'Prayer Gatherings' for our partners, normally lasting an hour. This way of working is labour intensive for the team, but meets the needs of our prayer partners with this programme of regular interactive meetings. As a result the number joining each week continues to be over 100 is increasing. Face-to-face contact with partners is gradually returning as more meetings are added to the calendar. These activities ensure our prayer partners are kept up to date with current events and developments for informed and ongoing prayer. Partners are also able to meet and pray with each other in the break-out groups, which has proved important in giving individuals time to chat and renew acquaintances.

Although it was not possible for the Director to undertake a visit to the region, a special event was held in Cyprus, specifically for Arab Pastors wives, who are often overlooked, but provide vital support to their husbands, day-in day-out. The event, led by female volunteers took the form of a retreat and included times of corporate prayer and Bible study. It was a special time. All involved went home much encouraged and able to face the future.

A detailed report on the day-to-day activities of the charity is provided by the Director to the Trustees at least three times a year for review at their trustee meetings, to ensure the aims and objectives of the Charity are being fully met. In addition, Trustees meet fortnightly on Zoom for prayer. They are also active participants in the regular work of the charity and are fully aware of all prayer partner communications and activities.

Total incoming resources for the year amounted to £945,014 (2024 - £608,562). This income was used to fund charitable activities and other costs totaling £649,935 (2024 - £553,459). Surpluses are reinvested back into the Charity to help further it's aims.

Investment policy and performance

The Trustees, together with the finance officer and Director regularly review whether the best returns for the funds held by the Charity are being achieved.

Funds amounting to £1,023,412 (2024 - £550,969) that came from the accumulated reserves from the Trust, which included the sale of a premises owned by Prayer for Israel (charity number 326132) and legacies received during the year, were invested in an Incorporated Charity Hub account (Cash Management System). This was split over a number of financial institutions. Although the returns are modest, the trustees consider it the wisest and safest investment pathway for these funds.

Financial review

Reserves policy

The total reserves at 31 March 2025 were £1,107,263 (2024 - £812,184), which are made up of unrestricted funds of the charity of £1,091,312 (2024 - £786,133) and restricted funds of the charity of £15,951 (2024 - £25,051).

Fund balances are made up of general funds £658,854 (2024 - £354,675) and designated funds of £432,458 (2024 - £432,458), as detailed in the statutory accounts.

The reserves have increased as a result of some generous legacies received during the year.

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PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2025

Financial review (continued)

The finances of the Charity are in a satisfactory state and have enabled the Trustees to advance the Charity's aims and objectives. Management accounts are provided to the Trustees quarterly. Therefore, a good view of the Charity's ongoing financial state allows future plans to be developed with a good degree of certainty.

The Charity has adopted a policy on restricted funds, whereby they are distributed fully each quarter. Surpluses are not reinvested as they are small and distributed regularly, so do not build up. Unrestricted funds, those funds not committed or invested in tangible fixed assets by the Charity are used to fund day-to-day running costs, except for a reserve of three months running costs, which is held in a savings account.

Therefore, the Trustees take the view that they can continue the core activities of the Charity in the event of funding reduction. Total reserves at the Balance Sheet date are detailed in Note 21 to the Financial Statements.

Result for year

The results for the year ended 31 March 2025 shows that a surplus has been made amounting to £295,079 (2024 - £55,103) due to a number of legacies.

The surplus in the prior period related to the majority of the fund transfer from the Trust.

Principal funding

The main sources of income during the period were from donations and legacies. However, the income generated remained stable and enable the aims and objectives of the Charity to be met.

Legacies are an important part of our funding, a grateful addition to regular donations.

Material investments and risk policy

The Charity seeks out the best rate of interest for its funds without recourse to investments which could raise ethical issues for the Trust or unnecessary risk.

There are no principal financial risks to the Charity apart from day-to-day running costs, as we do not invest in financial markets. Policies are in place to ensure there is dual accountability on all banking transactions and finance activities. Other expenditure has to be approved by the Trustees, via email, and then confirmed at the next Trustees meeting.

It is recognised that the Charity's financial performance is dependent on the charitable giving of its partners and supporters. Therefore, it varies from month to month.

Structure, governance and management

Governing document

The governing instrument is a Constitution of a Charitable Incorporated Organisation whose only voting members are its charity trustees, created on 17 September 2021, under which the Charitable Incorporated Organisation was set up. The CIO was incorporated on 13 December 2021.

The majority of the funds were transferred from the Charity Prayer For Israel (charity number 326132) effective at 1 January 2023, when the CIO commenced operations.

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PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2025

Structure, governance and management (continued)

Method of appointment or election of Trustees

The management of the Charity is the responsibility of the Trustees, who are elected under the terms of the Constitution.

New Trustees are appointed by the Trustees. They must be fully committed to and conversant with the aims and objectives of the Charity.

There is no policy of re-appointing Trustees under the terms of the Constitution, but should they fail to support the Charity in a professional manner, or act improperly according to the Charity's standards, they would be removed from office by a vote of the Trustees.

Policies adopted for the induction and training of Trustees

All Trustees have been in senior positions of responsibility during their working lives, and the Charity seeks to appoint Trustees that have broad business experience that will benefit the Trust and so support its efficient running.

All Trustees receive regular information on what is required of them through the Charity Commission website, regularly reading their reports, updates and advice. Independent advisors are retained to ensure the Trustees are kept abreast of changing statutory requirements and best employment practice.

New Trustees are required to read the published Charity Commission guidance on Trusteeship and must fully endorse the aims of the Charity as stated in the Trust Deed. Refresher training sessions are planned on the roles and responsibilities of Trustees, as they pertain to the Charity.

Organisational structure and decision making

Mr P Smith leads a small team of remote working staff, with weekly meetings on Zoom and face-to-face team meetings as appropriate. This way of working has enabled staff retention despite location moves by some and recruitment. The Trustees are grateful to Mr P Smith for his leadership and the staff for their commitment.

Employees remuneration is based on the rate applicable for equivalent work in the Charity sector, and the meeting of prevailing minimum wage requirements.

Risk management

The Trustees have assessed the major risks to which the Charity is exposed, which relate primarily to operations and finance. They are satisfied that policies, procedures and systems are in place to mitigate exposure to the major risks.

The Charity maintains a Health and Safety policy and adheres to current Health and Safety regulations. Where deemed necessary independent business advisors are consulted to ensure the level of risk is appropriate and can be adequately mitigated when necessary.

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PRAYER FOR ISRAEL

TRUSTEES' ANNUAL REPORT (continued)

YEAR ENDED 31 MARCH 2025

Reference and administrative details

Registered charity name Prayer For Israel Charity registration number 1197064 Principal office PO Box 190 Telford Shropshire TF2 2DB

The trustees

S Cranston A Rice J Clark N P D Thompson S A Dempster D Evans (Resigned 17 May 2024) Independent examiner A N Poyton FCCA 5 The Chambers Vineyard Abingdon-on-Thames

Funds held as custodian trustee

The Charity collects and forwards donated finances to beneficiaries and charities in this country, in Israel and elsewhere. A receipt is required and obtained from the beneficiary organisation and close personal links are maintained with these beneficiaries through actual visits, Zoom, phone calls and email. Thereby the necessary safeguards are in place to ensure the funds are being used as requested by the donor.

Plans for future periods

We plan to maintain the successful weekly Zoom prayer meetings, increase the number of guest speakers, and enable more prayer partners able to attend. The monthly Prayer Bulletin will remain the core communication for the Charity. Due to ongoing increases in postal costs, we continue to point partners to our on-line services, which significantly improved during the year, the result of the recruitment of a Strategic Manager - Communications and Engagement last year. Enhanced digital communications have resulted in a number of new partners joining. Regional meetings with prayer groups, prayer partners and at Christian events continued during the year.

The trustees' annual report was approved on 31 October 2025 and signed on behalf of the board of trustees by:

A Rice

Trustee

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PRAYER FOR ISRAEL

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PRAYER FOR ISRAEL

YEAR ENDED 31 MARCH 2025

I report to the trustees on my examination of the financial statements of Prayer For Israel ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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 in respect of the charity as required by section 130 of the Act; or

2. the financial statements do not accord with those records; or

3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

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.

A N Poyton FCCA Independent Examiner

5 The Chambers Vineyard Abingdon-on-Thames

18 November 2025

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PRAYER FOR ISRAEL

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2025

			2025		2024
		Unrestricted	Restricted
		funds	funds	Total funds	Total funds
	Note	£	£	£	£
Income and endowments
Donations and legacies	4	659,398	253,294	912,692	497,524
Other trading activities	5	5,844	–	5,844	1,323
Investment income	6	28,226	–	28,226	941
Other income	7	(1,748)	–	(1,748)	108,774
		─────────	─────────	─────────	─────────
Total income		691,720	253,294	945,014	608,562
		═════════	═════════	═════════	═════════
Expenditure
Expenditure on raising funds:
Costs of raising donations and
legacies	8	145,005	–	145,005	102,986
Expenditure on charitable activities	9,10	242,536	262,394	504,930	450,205
Other expenditure	12	–	–	–	268
		─────────	─────────	─────────	─────────
Total expenditure		387,541	262,394	649,935	553,459
		═════════	═════════	═════════	═════════
		─────────	─────────	─────────	─────────
Net income and net movement in	funds	304,179	(9,100)	295,079	55,103
		═════════	═════════	═════════	═════════
Reconciliation of funds
Total funds brought forward		787,133	25,051	812,184	757,081
		────────────	─────────	────────────	─────────
Total funds carried forward		1,091,312	15,951	1,107,263	812,184
		════════════	═════════	════════════	═════════

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 11 to 20 form part of these financial statements.

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PRAYER FOR ISRAEL

STATEMENT OF FINANCIAL POSITION

31 MARCH 2025

		2025		2024
	Note	£	£	£
Fixed assets
Tangible fixed assets	17		4,715	5,261
Current assets
Debtors	18	14,957		18,477
Investments	19	1,023,412		550,969
Cash at bank and in hand		85,053		250,231
		────────────		─────────
		1,123,422		819,677
Creditors: amounts falling due within one year	20	20,874		12,754
		────────────		─────────
Net current assets			1,102,548	806,923
			────────────	─────────
Total assets less current liabilities			1,107,263	812,184
			────────────	─────────
Net assets			1,107,263	812,184
			════════════	═════════
Funds of the charity
Restricted funds			15,951	25,051
Unrestricted funds			1,091,312	787,133
			────────────	─────────
Total charity funds	21		1,107,263	812,184
			════════════	═════════

These financial statements were approved by the board of trustees and authorised for issue on 31 October 2025, and are signed on behalf of the board by:

A Rice Trustee

N P D Thompson Trustee

The notes on pages 11 to 20 form part of these financial statements.

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PRAYER FOR ISRAEL

STATEMENT OF CASH FLOWS

YEAR ENDED 31 MARCH 2025

YEAR ENDED 31 MARCH	2025
	2025	2024
	£	£
Cash flows from operating activities
Net income	295,079	55,103
Adjustments for:
Depreciation of tangible fixed assets	1,576	1,758
Interest from investments	(28,210)	(941)
Other interest receivable and similar income	(16)	–
Loss on disposal of tangible fixed assets	–	268
Accrued (income)/expenses	(1,957)	1,871
Changes in:
Trade and other debtors	3,520	475,264
Trade and other creditors	10,077	2,134
	─────────	─────────
Cash generated from operations	280,069	535,457
Interest received	16	–
	─────────	─────────
Net cash from operating activities	280,085	535,457
	═════════	═════════
Cash flows from investing activities
Interest from investments	28,210	941
Purchase of tangible assets	(1,030)	(1,573)
Purchases of other investments	(472,443)	(550,969)
	─────────	─────────
Net cash used in investing activities	(445,263)	(551,601)
	═════════	═════════
Net decrease in cash and cash equivalents	(165,178)	(16,144)
Cash and cash equivalents at beginning of year	250,231	266,375
	─────────	─────────
Cash and cash equivalents at end of year	85,053	250,231
	═════════	═════════

The notes on pages 11 to 20 form part of these financial statements.

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PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. General information

The charity is a public benefit entity and a registered charity in England and Wales and is unincorporated. The address of the principal office is PO Box 190, Telford, Shropshire, TF2 2DB.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity's ability to continue.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements, are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Income tax

Prayer for Israel is a registered charity and accordingly is exempt from tax due on surpluses from activity, investment income and capital gains where they are applied for charitable purposes.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds.

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PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

3. Accounting policies (continued)

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

• income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

• legacy income is recognised when receipt is probable and entitlement is established.

• income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value.

• sale of resources and income from conferences and tours are recognised as earned when the goods or services are provided. Income received in respect of future tours are deferred until the criteria for income recognition is met.

• interest on deposit or investment funds held is included when receivable and the amount can be measured reliably by the charity.

• Other sources of income are included when receivable and the amount can be measured reliably by the charity.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

• expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.

• expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

• other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

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PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

3. Accounting policies (continued)

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Equipment - 25% reducing balance

Cash investments

Cash investments are accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Debtors

Debtors are recognised at the settlement amount net of any trade discounts due.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount after allowing for any discounts due.

Financial instruments

The charity only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Donations and legacies

Donations and legacies
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2025
	£	£	£
Donations
Donations	225,803	253,294	479,097
Gift Aid recoverable	36,499	–	36,499

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PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

4. Donations and legacies (continued)

4.	Donations and legacies (continued)
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2025
			£	£	£
	Legacies
	Legacies		397,096	–	397,096
			─────────	─────────	─────────
			659,398	253,294	912,692
			═════════	═════════	═════════
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2024
			£	£	£
	Donations
	Donations		143,127	303,293	446,420
	Gift Aid recoverable		26,889	–	26,889
	Legacies
	Legacies		24,215	–	24,215
			─────────	─────────	─────────
			194,231	303,293	497,524
			═════════	═════════	═════════
5.	Other trading activities
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Sale of resources	5,844	5,844	1,323	1,323
		═══════	═══════	═══════	═══════
6.	Investment income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Income from cash investments	28,210	28,210	941	941
	Other interest received	16	16	–	–
		────────	────────	────	────
		28,226	28,226	941	941
		════════	════════	════	════
7.	Other income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Donation of funds from Prayer for
	Israel Trust	(1,800)	(1,800)	108,774	108,774
	Royalties recived and compensation
	payments	52	52	–	–
		───────	───────	─────────	─────────
		(1,748)	(1,748)	108,774	108,774
		═══════	═══════	═════════	═════════

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PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

8. Costs of raising donations and legacies

	Unrestricted	Total Funds	Unrestricted	Total Funds
	Funds	2025	Funds	2024
	£	£	£	£
Costs of raising donations and legacies
- Donations	145,005	145,005	102,986	102,986
	═════════	═════════	═════════	═════════

9. Expenditure on charitable activities by fund type

	Unrestricted	Restricted	Total Funds
	Funds	Funds	2025
	£	£	£
Distribution of Funds	103,450	262,394	365,844
Support costs	139,086	–	139,086
	─────────	─────────	─────────
	242,536	262,394	504,930
	═════════	═════════	═════════
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Distribution of Funds	20,168	291,428	311,596
Support costs	133,848	4,761	138,609
	─────────	─────────	─────────
	154,016	296,189	450,205
	═════════	═════════	═════════

Total resources expended include the allocation of support costs to the various expenditure categories set out in the Statement of Financial Activities. These support costs relate to the corporate functions of information technology, property and facilities management, human resources and finance, in addition to the support costs incurred by communications and other office costs that are not otherwise directly allocated. Support costs have been allocated to activities on a basis consistent with the use of resources.

The distribution of funds relates to financial grants made to both individuals and institutions. All grants made support the objects of the charity.

Restricted grants made in the year amounted to £262,395 (2024 - £291,428), which were made up as grants to institution for £241,915 (2024 - £268,848) and grants to individuals for £20,480 (2024 - £22,580).

During the period total grants approved exceeded 401 (2024 - 375) in number, and were made at the behest of the donor of funds or at the discretion of the Trustees. The largest single recipient of grants was to support the Emergency Relief Fund Israel in this and the prior year.

10. Expenditure on charitable activities by activity type

	Activities
	undertaken		Total funds	Total fund
	directly	Support costs	2025	2024
	£	£	£	£
Distribution of Funds	365,844	24,338	390,182	334,544
Conferences, tours and literature	–	53,614	53,614	56,839
Governance costs	–	61,134	61,134	58,822
	─────────	─────────	─────────	─────────
	365,844	139,086	504,930	450,205
	═════════	═════════	═════════	═════════

- 15 -

PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

11. Analysis of support costs

			Charitable
			Activities	Total 2025	Total 2024
			£	£	£
	Staff costs		78,032	78,032	63,506
	General office		19,933	19,933	19,874
	Governance costs		4,350	4,350	3,942
	Depreciation		1,576	1,576	1,758
	Conferences, tours and literature		35,095	35,095	49,530
			─────────	─────────	─────────
			138,986	138,986	138,610
			═════════	═════════	═════════
12.	Other expenditure
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2025	Funds	2024
		£	£	£	£
	Loss on disposal of tangible fixed
	assets held for charity's own use	–	–	268	268
		════	════	════	════
13.	Net income
	Net income is stated after charging/(crediting):
				2025	2024
				£	£
	Depreciation of tangible fixed assets			1,576	1,758
	Loss on disposal of tangible fixed assets			–	268
				═══════	═══════
14.	Independent examination fees
				2025	2024
				£	£
	Fees payable to the independent examiner for:
	Independent examination of the financial	statements		4,350	3,942
				═══════	═══════
15.	Staff costs
	The total staff costs and employee benefits for the reporting period are analysed as				follows:
				2025	2024
				£	£
	Wages and salaries			185,638	148,122
	Social security costs			13,086	8,850
	Employer contributions to pension plans			5,021	3,922
				─────────	─────────
				203,745	160,894
				═════════	═════════

The average head count of employees during the year was 6 (2024: 5). The average	The average head count of employees during the year was 6 (2024: 5). The average	number of
full-time equivalent employees during the year is analysed as follows:
	2025	2024
	No.	No.
Number of administrative staff	1	1
Number of management staff	1	1
Number of charitable support staff	4	3
	────	────
	6	5
	════	════

- 16 -

PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

15. Staff costs (continued)

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

16. Trustee remuneration and expenses

No remuneration was paid to any trustees in this or the previous year.

During the year, there were 4 trustees who received expenses for travel and meeting costs amounting to £464 (2024 - £109).

17. Tangible fixed assets

17.	Tangible fixed assets
			Equipment
			£
	Cost
	At 1 April 2024		7,414
	Additions		1,030
			───────
	At 31 March 2025		8,444
			═══════
	Depreciation
	At 1 April 2024		2,153
	Charge for the year		1,576
			───────
	At 31 March 2025		3,729
			═══════
	Carrying amount
	At 31 March 2025		4,715
			═══════
	At 31 March 2024		5,261
			═══════
18.	Debtors
		2025	2024
		£	£
	Prepayments and accrued income	7,661	2,173
	Other debtors	7,296	16,304
		────────	────────
		14,957	18,477
		════════	════════

Other debtors consists of Gift Aid debtor £7,179 (2024 - £10,154), Donations to be received from the unincorporated Trust £nil (2024 - £4,150), Legacy debtor of £nil (2024 - £2,000) and card reader donations of £117 (2024 - £nil).

19. Investments

Investments
	2025	2024
	£	£
Insignis investments	1,023,412	550,969
	════════════	═════════

- 17 -

PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

20. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	11,212	1,720
Accruals and deferred income	4,294	6,251
Social security and other taxes	4,346	3,865
Pensions creditor	1,022	918
	────────	────────
	20,874	12,754
	════════	════════

21. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
	At		At 31 March
	1 April 2024	Income	Expenditure	2025
	£	£	£	£
General funds	354,675	691,720	(387,541)	658,854
Designated Fund for freehold property	432,458	–	–	432,458
Where Most Needed Fund	–	–	–	–
	─────────	─────────	─────────	────────────
	787,133	691,720	(387,541)	1,091,312
	═════════	═════════	═════════	════════════
	At			At 31 March
	1 April 2023	Income	Expenditure	2024
	£	£	£	£
General funds	251,965	305,269	(202,559)	354,675
Designated Fund for freehold property	432,458	–	–	432,458
Where Most Needed Fund	54,711	–	(54,711)	–
	─────────	─────────	─────────	─────────
	739,134	305,269	(257,270)	787,133
	═════════	═════════	═════════	═════════

General reserves - this fund can be used in accordance with the charity objectives at the discretion of the Trustees.

Designated funds - These are as follows:-

Freehold property - this related to the sale of the freehold property and represents the net proceeds received. This is held for the purpose of buying a new premises at some point in the future, should it prove necessary. The balance of £432,458 was transferred by way of donation from Prayer For Israel Trust at 31 December 2022. There were no further transactions in the period.

Where Most Needed Fund - this fund can be used in accordance with the charity objectives at the discretion of the Trustees for where it is most needed. At the start of the prior year, it was decided by the Trustees that this fund should no longer be separated as a designated fund and would form part of the general funds going forwards.

- 18 -

PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

21. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
	At			At 31
	1 April 2024	Income	Expenditure	March 2025
	£	£	£	£
Restricted Donations Fund	25,051	235,880	(244,980)	15,951
Donations towards bulletin	–	17,414	(17,414)	–
	────────	─────────	─────────	────────
	25,051	253,294	(262,394)	15,951
	════════	═════════	═════════	════════
	At			At 31
	1 April 2023	Income	Expenditure	March 2024
	£	£	£	£
Restricted Donations Fund	17,947	298,532	(291,428)	25,051
Donations towards bulletin	–	4,761	(4,761)	–
	────────	─────────	─────────	────────
	17,947	303,293	(296,189)	25,051
	════════	═════════	═════════	════════

The restricted donations fund is represented by 86 small funds whereby donors have specifically requested that their gifts are given in support of a specific need or ministry.

For details on the individual funds, please refer to Head Office where the position can be communicated at any time.

During the year, we also received donations amounting to £17,414 (2024 - £4,761) towards the cost of printing the bulletin. These donations were fully expended against the costs of printing and shipping costs of the bulletin during the year.

22. Analysis of net assets between funds

Analysis of net assets between funds
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2025
	£	£	£
Tangible fixed assets	4,715	–	4,715
Current assets	1,007,471	15,951	1,023,422
Creditors less than 1 year	(20,874)	–	(20,874)
	────────────	────────	────────────
Net assets	991,312	15,951	1,007,263
	════════════	════════	════════════
	Unrestricted	Restricted	Total Funds
	Funds	Funds	2024
	£	£	£
Tangible fixed assets	5,261	–	5,261
Current assets	794,626	25,051	819,677
Creditors less than 1 year	(12,754)	–	(12,754)
	─────────	────────	─────────
Net assets	787,133	25,051	812,184
	═════════	════════	═════════

- 19 -

PRAYER FOR ISRAEL

NOTES TO THE FINANCIAL STATEMENTS (continued)

YEAR ENDED 31 MARCH 2025

23. Analysis of changes in net debt

				At 31
	At	1 Apr 2024	Cash flows	Mar 2025
		£	£	£
Cash at bank and in hand		250,231	(165,178)	85,053
Current asset investments		550,969	472,443	1,023,412
		─────────	─────────	────────────
		801,200	307,265	1,108,465
		═════════	═════════	════════════

The charity aims to not keep more than £85,000 in the current account to comply with FPCS protection limits.

24. Related parties

Donations from trustees in the year amounted to £3,750 (2024 - £1,270).

The charity also received a donation amounting to £nil (2024 - £108,774) from the unincorporated charity of the same name (charity number - 326132). The amount owing to the charity at 31 March 2025 amounted to £nil (2023 - £4,150) and this was settled shortly after the year end. The charity incorporated with the same trustees. The unincorporated charity will be closed down in due course.

- 20 -

PRAYER FOR ISRAEL

MANAGEMENT INFORMATION

YEAR ENDED 31 MARCH 2025

The following pages do not form part of the financial statements.

- 21 -

PRAYER FOR ISRAEL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2025

	2025	2024
	£	£
Income and endowments
Donations and legacies
Donations	479,097	446,420
Gift Aid recoverable	36,499	26,889
Legacies	397,096	24,215
	─────────	─────────
	912,692	497,524
	─────────	─────────
Other trading activities
Sale of resources	5,844	1,323
	───────	───────
Investment income
Income from cash investments	28,210	941
Other interest received	16	–
	────────	────
	28,226	941
	────────	────
Other income
Donation of funds from Prayer for Israel Trust	(1,800)	108,774
Royalties received and compensation payments	52	–
	───────	─────────
	(1,748)	108,774
	───────	─────────
	─────────	─────────
Total income	945,014	608,562
	═════════	═════════

- 22 -

PRAYER FOR ISRAEL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES (continued)

YEAR ENDED 31 MARCH 2025

YEAR ENDED 31 MARCH 2025
	2025	2024
	£	£
Expenditure
Costs of raising donations and legacies
Wages and salaries	124,649	90,201
Employer's NIC	8,416	5,003
Employer pension costs	3,192	2,184
Other office costs	8,748	5,598
	─────────	─────────
	145,005	102,986
	─────────	─────────
Expenditure on charitable activities
Distribution of funds	365,844	311,596
Wages and salaries	60,989	57,921
Employer's NIC	4,670	3,847
Employer pension costs	1,829	1,738
Software & IT costs	7,138	8,166
Travel & welfare	10,544	5,490
Independent examiners fee	4,350	3,942
Office costs	4,920	4,398
Depreciation	1,576	1,758
Literature and bulletins	35,095	49,530
Bank charges	5,566	1,819
Investment fees	2,409	–
	─────────	─────────
	504,930	450,205
	─────────	─────────
Other expenditure
Loss on disposal of tangible fixed assets held for charity's own use	–	268
	────	────
	─────────	─────────
Total expenditure	649,935	553,459
	═════════	═════════
	─────────	─────────
Net income	295,079	55,103
	═════════	═════════

- 23 -

PRAYER FOR ISRAEL

NOTES TO THE DETAILED STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 MARCH 2025

	2025	2024
	£	£
Costs of raising donations and legacies
Costs of raising donations and legacies - Donations
Wages and salaries	124,649	90,201
Employers NIC	8,416	5,003
Employers pension costs	3,192	2,184
Office costs	8,748	5,598
	─────────	─────────
	145,005	102,986
	─────────	─────────
	─────────	─────────
Costs of raising donations and legacies	145,005	102,986
	═════════	═════════
Expenditure on charitable activities
Distribution of Funds
Activities undertaken directly
Distribution of funds	365,844	311,596
	─────────	─────────
Support costs
Wages and salaries	19,082	18,027
Employers NIC	1,468	1,223
Employers pension costs	572	541
Office costs	1,640	1,399
Depreciation	1,576	1,758
	────────	────────
	24,338	22,948
	────────	────────
Conferences, tours and literature
Support costs
Travel and welfare costs	10,544	5,490
Literature and bulletins	35,095	49,530
Bank charges	5,566	1,819
Investment charges	2,409	–
	────────	────────
	53,614	56,839
	────────	────────
Governance costs
Wages and salaries	41,907	39,894
Employers NIC	3,202	2,624
Employers pension costs	1,257	1,197
Software & IT costs	7,138	8,166
Independent examiners fees	4,350	3,942
Office costs	3,280	2,999
	────────	────────
	61,134	58,822
	────────	────────
	─────────	─────────
Expenditure on charitable activities	504,930	450,205
	═════════	═════════

- 24 -