WORLD DAY OF PRAYER NATIONAL cOMMIEE FOR ENGLAND, WALESAND NORTHERN IRELAND ANNUAL REPORT AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Registered Charity No 233242 NORMAN COX&ASHBY ChartetEd Accountants
WORLD DAY OF PRAYER NATIONAL COMMrrrEE FOR ENGLAND, WALES AND NORTHERN IRELAND CONTEKrs FOR THE YEAR ENDED 31 DECEMER 2024 Page REPORTS Report of the Trustees Report of the Independent Examiner FINANCIAL STATEMENTS Statement of Financial Activities Balan Sheet Notes to the Financial Ststements 10-19
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND. WALES AND NORTHE14N IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 Tre trustees present thelr report arKI accounts for the year ended 31 December 2024. The financial slatements have been prepared in accordan with the aco)unting polie$ set out in note 1 to the acc¢Junts and compty with the charity's trust deed, the Charities Act 2011 and Accounting and Reporting by Charibes: Statement of Recommended practi applicable to charibes preparing their accounts in a¢cordan with the Financial Reporttng StsrKlard applicable in the UK and Republic of Ireland (FRS 102). OBJECTIVES AND AcTIlEs Principle Objectives The principal obiectsve of the chaiity is to unite Christians in prayer. Activities The trust furthers Its charitable purposes for the public benefft by". holding services on the first Friday in March ead) year, fostering local interdenominats'onal prayer groups and other activities to bring women together in closer fellowship, understanding and action throughout the year., {iii) the distribution of Christian literalure. (iv) supporting women throughout the workl wth infonnal prayer and prayerful actions,. and assisting projects, financially or othephise. run by Christian charrties throughout the world. (v) During the year, the chanty continued ts objects. The major event wth financial implications is the organisation of the Day of Prayer in March each year. This year it was held on 1 March 2024 with the theme of .1 beg you, bear with one another in love. prepared by Palestinian women. After meeting overhead expenses and maintaining reserves at a level stated in the policy of the trustees, the National Committee allocates surplus income by making grants to as51St projects run by Christian charities throughout the world.
WORLD DAY OF PRAYER NATIONAL COMMrrTEE FOR ENGLAND, WALES AND Noi¥fHERN IRELAND REPOltr OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) ACHIEVEMENTS AND PERFORMANCE (CONTINUED) The trustees wtsh to exwess thelf gratitle to all those who have provided support in prayer, in time and financially during Ihe year. Donations received during the year were £331.854 (2023: £268,998). with those under Gift Aid resulting in a repaymenl of £30,968 {2023: £28,093). Grants paid to support Chiisttan Vrk throughout the world were £126,953 (2023: £108.686). FINANCIAL REVIEW The charity's work.is entirety reliant upon the collections reNed at the annual Day of Prayer. During the year, income to the Unrestricted Income Fund increased to £427.099 (2023: £336,673) and expendihjre Increased to £426,907 12023: £362.477). There was a surplus for the year of £192 (2023: deficit of £25.774). The charity's freehold propety was revalued duTing the year and an unrealised gain of £36,000 arose. After transferring £30.000 to the Contingency Fund. the balance was £114.901 (2023: £108.709). The Conlingency Fund. a Designated Fund, had a balan carried fomard at 31 Decémber 2024 of £285.000 (2023: £235.0(M)}. The Fund provides the resources to meet the cost of the Day of Prayer for one year in the event of lack of income due to unforeseen arcumstances, sudi as acrred in the COVID-19 crisis in January 2020. ReseNes Policy The Gost of printing and distributtng the service materials Is substantial and the trustees took a policy decision a number of years ago to keep in reserves sufficient funds to meet any obltgations. partÈcularfy to Ihe printer. for the next year, in the event of a major dedine in the income of the ¢*iarity. whith is matnty from the freewill donations colle(aed at the annual seN[. In May 2021, the trustees agreed to increase the annual transfer from the General Fund to the Conts'ngency Fund from £5,000 to £30,IYJO a year for the following four years. The trustees have agreed that £30.(M)O should continue to be set aside and transfeed into the Contingency Fund for the next five years, with a remew to take pla in tsvo year5. time.
WORLD DAY OF PRAYER NATIONAL COMMtrrEE FOR ENGLAND, WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) FINANCIAL REVIEW {CoPINUED) Rlsk Management {Contlnued) The trustees have examined the major strategic business and operational risks which the charity fa and confirm that the systems have been established to enable regular reports to be produced so that necessary steps can be taken to le55en these risks. The main risk is tat attendan at services on the Day of Prayer is reduced, as occurred in 2018 due to severe weather conditions, wulting in a significant reduction in income from collections. Oter risks indude a repeat of the national lockdown as a result of another pandemic and services not teing held due to political sensitivities within different branches about the material or county being celebrated. Plans for the Futu The trustees wll ntinue to fac¥litate the annual Day of Prayer and encourage an increased number of participants in this worldwide wave of prayer. The trustees aim to develop the use of electronic communication technology and to grow the links with Worfd Day of Prayer organisations in other parts of the wotkj. STRUCTURE, GOVERNANCE AND MANAGEMENT Constitution The trust is a registered un1nc0rp)rat thaiity which operates under a Constitution, adopted on 21 January 1964 and amended by resolutions dated 20 September 1968, 14 January 1969, 11 July 1972, 2 July 1983. 12 March 1991. 20 May 1997, 18 September 2001, 1 February 21)03, 19 May 2009 and 1 January 2017. The trust was registered with the Charity Commission on1 January 1965. At the annual general mtirj held 0 15 May 2018. it was agreed to change the name of the charity from The National Committee of the Women's World Day of Prayer for England, Wales and Northem Ireland to World Day of Prayer National Committee for England, Wales and Northem Ireland. It is known as Day of Prayer- A women led, global. ecumenical Movemenr.
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND, WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (CorINuED) STRUCTURE, GOVERNANCE AND PAANAGEIJIEKr (coKnNUED) Trustees The trustees are appointed for a riod of six years to seNe two years in each of the offiS of Vice£hairperson, Chairperson and President New trustees will have had previous involvement wth the World Day of Prayer and will be aware of tt)e charity's aims and objectives. The outgoing trustees provide advice on the roles and responsibilities of the positions. The National Committee is responsible for all decision making and is made up of representatives from the main Christian denominations, the officers of the charity and one representative from each of English speaking churches in Wales, the Welsh speaking churches in Wales and from Northem Ireland. The trustees and members of the National Commrttee grve their time free. No trustee reiVed any remuneration during the year or in the previous year and note 11 discloses the travel, telephone and Offi expenses reimbursed. There are around two Ihousand branches operating in England and Wales and Northem Ireland, which are facilitated by the National Committee through its administrative offi. Reference and Administrative Infomiation Registered Charity Number 233242 Working Name World Day of Prayer Office Manager Victoria Daniell Princlple Office AddsS Commerual Road Tunbridge Wells KentTN12RR Telephone 01892 541411 E-mail 0ffi@WWdp.Org.uk Website www.wwdp.org.uk
WORLD DAY OF PRAYER NATIONAL COMMrrrEE FOR ENGLAND. WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEthftBER 2024 {CONTINUED) STRUCTURE, GOVERNANCE AND PMNAGEMENT Referenc6 and Administrative Inforniation (Continued) Trustees who served during the year and to the date of this report Nicola Hoskin-stone Carole Boume Louise Bowes Elaine Barnett To 18 MaTth 2025 From 18 March 2025 offirS President Nicola Hoskin-stone Carole Boume Carole Bourne Louise Bowes Louise Bowes Elaine Bamett Liz Hall Elaine Bamett Jane Weedon Chatity Madenyika To 17 September 2024 From 17 September 2024 To 17 September 2024 From 17 September 2024 To 17 September 2024 From 18 March 2025 From 20 September 2022 To 17 September 2024 From 17 septeMr 2024 From 17 September 2024 Chairperson VIGe Chairperson Appointed Offices Independent Examiner N M Gower-smith FCA Noman Cox & Ashby, CharteredAccountants Flat 3, 18 Lewes CreSnt Brighton. East Sussex BN2 1 GB Bankers National Westminster Bank PLC 89 Mount Pleasant Road Tunbridge Wells. Kent TN11 QJ Solicitors Drydales Solicttors LLP Cumberland House, 24-28 BaxterAvenue Southend on Sea, Essex SS2 6HZ
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND. WALES AND NORTHERN IRELAND REPORT OF THE TRUSTEES FOR TE YEAR ENDED 31 DECEBER 2024 {cOlNUED) STRUCTURE, GOVERNANCE AND mANAGEmEr (CoriNuED) statement of TrustAes' Responsibilfties The trustees are responsible ft?r preparing the TNstees' Annual Report and financial statements in accordan with applicable law and United Kingdom Accounts"ng Standards (United Ktngdom GenerallyAccepted Accounting Practi1. The law applicable to chariiies in England and Wales requires the trustees to prepare financial ststements for each year thl)ich give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and apply the consistenily. observe the methods and princaples of the Charity SORP; make judgements and estimates that are reasonable and prudent state whether applicable accounting stsndards have been foll0vd, subject to any material departures that must be disclosed and explained in the financial ststements: and prepare the financial staternents on a going cOnM basis unless it is inappropriate to presume that the charity wtll continue in operation. The trustees are responsible for kpIng proper accountitvJ records that disdose wth reasonable accuracy at any time the financial position of the charity, and to enable them to ensure that the financial statements compty with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the Constitution. They are also responsible for safeguarding the assets of the charity and for taknng reasonable steps for the prevenb.on and detection of fraud and other irregularittes. The trustees are responsible for the maintenance and integrity of the charity and financial infomiation included on the Ghaiity's website in accordan with legislation in the United lfjngdom goveming ttie preparation and dissemination of finanaal statements. This report was approved by the bustees on Ks1(Al13 and signed on their behalf by.. L Bowes ChalersOn and Trustee
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND. WALES AND NORTHERN IRELAND REPORT OF THE INDEPENDEKf EXAMINER TO THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 I report to the trustees on my examination of the accounts of the World Day of Prayer National Committee from EnglarKI, Wales and Northern Ireland (°the Twsf) for the year ended 31 Dernber 2024. RESPONSIBILITIES AND BASIS OF REPORT As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Chartttes Act 2011 fthe Acn. I report in respect of my examination of the Trusys accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Chanty Commission under section 145{5)(b) of the Act. INDEPENDE EXAPAINER'S STATEMEKr The charity's gross income exeded £250,CKIO and l am qualified to undertake the examination by being a qualffied memter of the Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirm Ihat no material matters have come to my attention in connection with the examination which gives me cause to believe that in any material respecL" the accounting records were not kept in accordan *ith section 130 of the Act or the accounts did not accord wilh the accounting records" or the accounts did not comply with the applicable requirements conceming the fomi and content of accounts set oui in the Charities (Accounts and Reports) Regulations 2C118 other than any requirement that the accounts give a 'true and fairf view which is not a matter considered part of an independent examination. I have no COnM5 and have come across no other matters in connection with the examination to which attention should be drawn in this rekK)rt in order to enable proper understanding of the accounts to be reached. N M Gower-smith FCA NORMAN COX &ASHBY CharteACCOUntants Flat 3, 18 Lewes Crescent Brighton, East Sussex BN2 1GB
V¥ORLD DAY OF PRAYER NATIONAL COhlMrrrEE FOR ENGLAND, WALES AND NoimiERN IRELAND STATEME OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31 DECEklBER 2024 2024 2023 UNRESTRICTED FUNDS Note INCOME Donatlons and Legacies Donations and Contribubons GiftAid Recove1 Legacies Other In(x)me Charttable Activities Sale of Resour arKI PUblitionS Investmant Income Interest on Cash Deposils 331,854 30.8 500 1,113 268,998 28,093 56.785 35,320 5.879 4,262 Total Income 427,099 336,673 EXPENDITURE Charitable A1vleS Organising the Day of Prayer Grants Payable 299,954 126.953 253,761 108,686 426,907 362,447 NET INCOMEI(EXPENDrruRE) AND NET MOVEMETrrr OF FUNDS 192 (25,774) REVALUATION SURPLUS ON PROPERTY 5 36,000 RECONCILIATION OF FUNDS Total Funds brought forvrard at 1 January 2024 343.709 369,483 TOTAL FUNDS CARRIED FORWARD AT 31 DECEMBER 2024 13 £379.901 £343,709
WORLD DAY OF PRAYER NATIONAL COhlMIThEE FOR ENGLAND, WALESAND NORTHERN IRELAND BALANCE SHEEr AT 31 DECEMBER 2024 2024 2023 Note FIXED ASSETS Tangible Assets 180,091 147,336 CURRENT ASSErs Stock Debtor5 Cash at Bank and in Hand 11.980 13.516 2,917 210,271 230.120 Totsl Current Assets 244,748 226,704 LIABILITIES Creditors falling due within one year 44,938 30,331 Net Current Assets 199,810 196,373 NET ASSETS £379,901 £343,709 FUNDS OF THE CHARI Unrestricted Income Funds General Fund Designated Fund 10 114,901 265.000 108,709 235.000 TOTAL CHA FUNDS £379.901 £343,709 These financial statements were approved by the trustees onislrtl2025 and signed on their behalf by e£scxk)8> L Bowes Chairperson and Trustee
FOR ENGLAND. WVALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2tY24 1 ACCOUPfflNG POUCES (a) Basis of Preparatlon and Assessment of Golng Concern The fjnancial ststements have bw) prepa1 in accordance with AcUnting and Reporting by Charities". Statement of Recommended Prac{1 (°Charitie5 SORP applicab to (threS prepaing thaw accounts in accordance with the Financial Reporting SPandard aptAIle in the UK and Repubfic of IrBland (FRS 102)) and the Financial Reporting Standanl applicable in the United lfjtwom aThJ Republic of Ireland {FRS 102). Assets and liabilifies are Tnitiafy recnised at historiol cost or transathon value unless olheTWi* Statsd in the relevant acco[ng policy note. The constittrtes a pubtic bfft tity as defined ty FRS 102 The trustees InSIder that there are rn material uncertainties abwt the charivs abilty to continue as a going corKwn. The most signifi(2nt arBa of uncertainty is the level of donated income which needs to be raised each year and is covered in more detsil in the perfotmance section of the Trustees, ReporL (b) Funds Structure Unrestrided Income Funds are exp&yJ8ble at the dis(Tetion of the trustees in TUrtheran of objects of the charity. Designated Funds restricted fvnds set aside by the trustees for a specific purpose. The Designated Fund is Contingency FurKI whTth comprises amounts set aside to provide sufficient funds to meet the (x)st of the Day of Prayer for one year. A transfer of £30,tK)O Ès made frorn the General Fund each year. In addition, the trustees may make fuither transkn for pury)ow. (c) Income Recognltion All inu)me is recognised once the charity has entrttement to the Income, there Is sufficient certainty of receipt so it is probable that Ihe incorrE will be reIved, and the amount of income Rcetvable can be measured relÈably. Branth income is recognised when the remittan has received from ea indsvtdual brdnch arKJ it is matched to the appropriate banking. Other donations are renised at the point of receipt Sales of goods and publications are accounted forwhen they are tEceive(L Interest on funds held on depostt is 5nthdgJ upon nOtifitiOn of Ihe paid or payable by the bank. 10
WORLD DAY OF PRAYER NAIIONAL COh1TTEE FOR ENGLAND. WALES AND NORThERN IRELAND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEK4BER 2024 (CONTINUED) 1 ACCOUNTING POUCIES {copinNUED) Liabiftties are recognised as expendiiure as 8(x)n as th8re L8 a 1&381 or constructNe obligation oJmmittirKJ tharty to that expendilure. It is wobabte that settlement wtll be TBqUiTed and the amwnt of the obligatKJn measured reliabty. of financial acthibes. Grants payable are Paymts mth to third wti&8 in the fijrtherance of the charitable obJveS of the charity. In the Lxe of an dItor1 grant offer. this acuued once approved. le) Allo¢ati¢>n of supwj.rt and Governance Gosts they are 81 irUrred intsfUrthetan ofthe thritable aims offaciltstsngthe Day of Prayw. Govemance costs compriso al costs invdvlng the public accountabilty of the charity and tis Complian with regulation arKI good prace. These ¢xists include $ts relating to the independent examinatv)n and exptses incurr1 on beh81fof the trust. {f) Charftable Actiyilles payable and govemarK% costs. (g) Tanglbh Flxed Assets and Depreciatlon Flxed assets are included at cost less dqx8CHtion. Alt items with a purchase price of more than £1 have been (yta in the yearof pU[dSe. Depwiation has teen provided at Trtes to vrtite off the cost of assets over their expe(ed useful Imes. OIFKe Equwment is depretiated * 20% w annum on cost Freehold land is not depreciated. The freehold propety has beert revalued during the year and the valuatKsn irtcorporated irrto the statnts. The usefvl lffe of the property has been a$sed by the trustees to be fity yws deprectation is being charged at 2% per annum on a straight line basis. (h) stock sto( of publKions, 8its and sundry res arevaued at the kyw ofcost and net reatlsable value. {1} Pension The chartty makes contribulKS to a defined oxrtribution scheme set up by aLrtomatic enrolmerrt underthe Pens Act 2008. The assets of the scheme are hekl separately frorn the assets ofthe charity. The charge forthe pensbn ts)st represents Contn$ payable to the 3(wie. The kn8bty of the dRrity is Frnited to Ihe amount of the ts)ntritMJtx)ns. 11
WORLD DAY OF PRAYER NATIONAL COMpirrrEE FOR ENGLAND. WALES AND NOlmlERN IRELAND NOTES TO THE FINANCIAL STATEMENTS . FOR THE YEAR ENDED31 DECEMBER 2024 (CONTSWED) 2024 2023 2 EXPENDrruRE ON CHARrrABLEACTiwfiES (a} Oryanislng the Day of Prayer Salaries (Note 3) Premises and Other Costs Depreciab"on of Premises Printing and Direct Costs Meetings and Travd Purchaseg for Resale. Postage and Cartiage Governan Costs IndeperKfent Examiners Fee Accountancy arKI Other seices FroTn Independent Examinerfs Firm Trustees, Liabllity Insuran 85241 38.342 82.419 30.137 64,620 33,953 38.154 23.813 60,126 31.137 36.962 2,995 2.895 7,339 1,897 9,453 632 £299,954 £253,761 (bl Grants Payable {Note 4) Annual Donations Development Grants Project Grants Intemational DOnatioS Single Grant Grants atIoted by the Committee for the Welsh Speaking Churches 6,000 25.000 59,500 29,124 500 8.000 25.000 50.000 18,729 1.000 6.829 5,957 £126,953 £108.686 12
WORLD DAY OF PRAYER NATIONAL COMMirrEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) 2024 2023 3 EMPLOYEES The average monthly number employed by the charity during the year Salaries Social Security Costs Pension Contributions 69,299 10,959 4.983 74,559 2.359 5.501 TOTAL EMPLOYMENT COSTS FOR THE YEAR £85,241 £82,419 4 GRANTS PAYABLE {a) Single Institutlonal Donations British Red Cross Royal National Institute for the Blind Salvation Army 2.000 4,000 2,000 4,OCKI 2,OCrf) 6,OCYJ 8.000 (b) Development Grants Ernbra the Middle East SAMS Ireland The Big House Transform Burkina Y-Pray7 Zambuko Ra Jehova 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 5,000 25,000 £25,000 13
WORLD DAY OF PRAYER NATIONAL copmxfTEE FOR ENGLAND. WALES AND NOThERN IRELAND NOTES TO THE FINANCIALSTAIEhEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 {CONTINUED) 2023 4 GRANTS PAYABIE (C(xillnued) (c) Single ltstltsthnal Project Grants The Bib Society ID Nortlwn Ireland BiitÈsh and Fore Btsle Soc Chrisban Br[d UK COMPASS- Ghana Dumi IntemhThl AKI Eduspots Fountain of Peace Chthth's Found Global Car6 Intemthal Imara-uganda Educthi Furnl Jacaranda 5,000 1500 1000 2,000 2,000 500 1,000 2,500 2,000 Kids Club Kamp 1.000 1,000 2,000 2.000 1.000 3,000 3.500 1.000 London Cty bAissi OIFThe Fence Parish NUrg Pkn)istri8S Ptoneers UK MlntstTies Pn)ject Harar Prt>WJsion IntOTna QuakeT¥ in Brttain Ripple InternatK¥ Rock UKAdventure Cents Limited Royat NafN)r1 MissiC to Deep Ftsh Sk jes'S Church. Wydiffe Bil )leT[ 3.000 2,000 1,cKJO 1.500 iooo 1.000 3.000 2.000 JmkKIs 59.500 50.000 14
FOR THEYEAR ENDED 31 DEC&aBER 2024icoKnNUED} 21r24 2023 1622 Vklrkl Day of Prayer Eurcpean FWKI 3,157 10,000 29,124 18,729 (e) Singl8 Grant 1000 (fj Slnglo InstltsthrMI Grants allocatsd by Commlts for the Welsh Speaknng Churches 650 400 750 850 450 Fellovtship of R&iaT Gad Clxpel. Colcain Methodtst Church in Wale5 Fb(lon 279 850 850 900 Publication oflhe Sundav School Counal 6.829 TOTAL GRs PAYABLE IN THEYEAR £126,953 £108.686 15
WORLD DAY OF PRAYER NATIONAL COMMrrrEE FOR ENGLAND. P4VALES AND NoimiERN IRELAND NOTES TO THE FINANCIAL sTATEIrs FOR THEYEAR ENDED 31 DECEMBER 224 (COtfflNUED) S TANGIBLE FIXED ASSETS Freehold offi Pioperty Equipment Totsl C05t or Valuation At 1 January 2024 Revaluation in the year 144.000 36,000 60.056 1.278 204,056 37,278 At 31 Decnber 2024 180,OCK) 61.334 241,334 DeprBclation At 1 January 2024 Charge for th8 year 56,720 923 56,720 4,523 3.600 At 31 De[ber 2024 3,600 57,643 61,243 et Book Value At 31 December 2024 £176,400 £3,691 £180,091 At 31 De(wilEr 2023 £144,000 £3,336 £147,336 The ftBahokl property consists of a property located in Commercial Road. Tunbrldge Wel]s, used by the Gharity for offices and is consequently a fvnctFonal fixed asset It was valued at £180,(lJJ on 23 Septsmber 2024 by Durlings, Chartered Surveyors, yUnbrge Wells on an open tnathet valuation basis. The valuation has been induded In these fjnancaal statements. No deprectation is dHrged on the freehohj larKI. The freehokl buildlng is depreciated over its estimatsj usefv5 life whith the trustees believe to be fifty years. This results in an anryJal charge of 2% per annum of £3.600.
WORLD DAY OF PRAYER NATIONAL COMMIThEE FOR ENGLAND. WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED) 2024 2023 6 STOCK stock of goods for sale £11,980 £13.516 7 DEBTORS Prepayments £2,648 £2.917 8 CASH AT BANKAND IN HAND National stminSter Bank pl¢ CurrentAccount Liquidity Manager 30 Day Account Bonus Saver Liquidity Manager 35 Day Account HSBC plc CurrentAccount (Wales) Pety Cash 34.041 7.2 3,485 183,351 9.597 12.189 540 177,626 1.947 10.041 278 £230,120 £210.271 LIABILITIES Creditors Accruals Other Creditors 9,189 35,749 16,296 14,035 £44,938 £30,331 17
WORLD DAY OF PRAYER NATIONAL COMMITfEE FOR ENGLAND. WALES AND NORTHERN IRELAND NOTES TO THE FINANCIAL STATEMEKrs FOR THE YEAR ENDED 31 DECEMBER 2024 (ConNUED} 10 UNRESTRICTED FUNDS General Designated Fund Fund Total Funds At 1 January 2024 Income for the year Expenditura for the year Revaluation of Propety Transfer behveen Funds 108,709 427.099 {426.9)7) 36,000 (30,IJ)O) 235,O¢JO 343,709 427,099 (426.907) 36,000 30.OCM) £114,901 £265,000 £379,901 The Unrestrtcted Funds are available to be spent for any purpose of the charity. The Continency Fund represents amourts set aside for the continuing operation of the charity in the event of a major dedine in offerings at the natlonw'de annual servi, mainly Gaused by severe extemal events. 11 TRUSTEES The trustees all gtve freely of their time and expertise. wifhout any form of remuneration or other benefit in Ish or kind (2023.'nil). During the year three trustees were reimbutsed £4.743 (2023: £7.497) for travel, telephone and office expenses inwrred in CL)nnection the operation of the charity. A Trustees. Liability Insuran policy vms obtsIn during the year at a cost of £1,897 (2023: £632}. 18
WORLD DY OF PRAYER NATIONAL COPJIMrrrEE FOR ENGLAND, WALES AND NORTHERN IRELAND NOTES TO TrIE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31 DECEMBER 2024 (cOp1NuED) 12 RECONCILIATION OF FUNDS Unrestrfcted Fund 2024 2023 At 1 January 2024 Net Movements in Funds for the year Surplus on Revaluation of Property 343,709 192 36,000 369,483 (25,774) £379,901 £343.709 Represented by: Fixed Assets Current Assets Current Liabilittes 180,091 244,748 (44,938) 147,336 226,704 (30.331) £379.901 £343,709 FINANCIAL COMMITMENTS The charity had no annual commibnents under non-cancellable leases at 31 Decernber 2024 or 2023. 19