OpenCharities

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2025-03-31-accounts

CHARITY COMMISSION FOR ENGiANO ANO WALES Receipts and payments accounts CC16a Forthe ￿riod To 01Kf42024 31n312025 Section A Receipts and payments Unrestricted R•strict•d Endowm•nt fund5 Totsl fvnds Laltymr A1 Sub totsl(Gross incryne for AR) A2 A$8•t and Imi••tThnt sale•. I￿￿ble1. Sub totsl ML F•L NIL A3P Sub total purcha￿.(¥0¢ toblg Sub tol•l NIL IIIL NIL NIL Net of rve•ipts/(paym•nts) AS Transfers between funds A8 Cash fund518st yogr end C8$h funds thls yur end MIL NIL NIL NIL NIL NIL NIL CCXX R1 accwnts l&SI 1310112026

Section B Statement of assets and liabilities at the end of the period Unrestricted Re$¢ricted fund5 •*r•#£ Categtsries Details funds B1 Cash fun Total ¢ash fvn¢ts NEL NIL UnroStrlci8d R•sirfct•d funds Endovmb•nt funds Detall$ NIL ¢uwr•rtvalu• thtal e••tl•pkn• ¢fftrttvalu• n•1 Dots119 B4 A88•ts r•taln•d for th• chadty's own u89 Vth•n d BS Uabllttl•• Signal by bphaff of 11 fv tru51e85 Datè of roval Pn'nl Nam# JAMES S4YERS JONNIE MISCAMPBELL 2É CCXX R2 ￿OUnt5 ISSI 1310112026

Annual Report of Pral$eTTUSt CIO forflnanclal￿ar 202&25. Praise Trust CIO (Charity No 12087511 was Set up by the trustees of the preexlsting Praise Trust (Charity No 10565291 and was registered with the Charty Commission on 20 June 2024. At our AGM for the pre-existing charity Praise Trust on 20 November 2024. w8 r8solved to transfer all assets, funds. insurance. contracts and intellectual property rights of the existing charity to Pralse Trust CIO. this change to take effect on 31 January 2025. However. the transfer took longer than expected, due to a Slow process in setting up bank accounts for the new CIO. Therefore the process was delayed beyond 31 March 2025 into the newfinancial year of both trusts. The existingTrust continued to operate beyond the end of the flnan¢l81 year 2024-25. and no funds weT8 transferred duringtfie financialyear 1104124-31103125. We hav8 therefore attached a financial report for Praise Trust CIO that shows nil batances. As no funds were involved. and inoependenrexaminerwas not needed. The full transfer of funds and assets took place succe88fully inthè fln8nclalyear 2025-26, 8nd this will be fully reported in our next Annual Report. Signed James Sayers Chairman of Trustees. Pr81$0 Tru3t. Charlty No 1056529