Year ending 31 December 2023 The Congregation of Yahweh Trustees, Annual Report and Accounts eONSREQATIfjN OF YAHW.EH 27A Carlton Road, Nottingham, NG3 2DG Website: htt .1 w.ww.con ah.co.uk Email: accounts con ah.co.uk Tel: 0115 8378083 Charity Registration No: 245132
Thfr Congregatlon of Yahwèh IDd¢x tts tha FlhanGlo1 Statement$ Pag8 Slnrctura and fvlanagerDent R8fer¢nc& and Atlmlnl&tratfvo Dalalls ovamgnoe RepDrl Indeppnd8nt Examlner's Rèport Slalernènt Df Flnanclal Aclvltlo$ Balance Sheet 12 Not8S to, Ihg Flnanelal Slalement¥ 13 Page 2
,CONGREGATION OF YAHWEH 27a Carlton Road, Sneinton, Nottingham, NG3 2DG Reglglrotion Nts: 245132 8tM¢turo and Management B'oard ol Trustèes: Edwln Josephs (Chalrl J#&mln Myles-Wils6)n (sècretary) RogaT Bod8n (Tt88surar) Gale Boden Wayne McLelsh .A 08tollc ouncll: Acol Walker Jon Thornlon Da$lle Nl¢holson Shsafon Walker Davld Hayès Edwln Josephs Pnlna Josephs Viterl¢ Vvarsop 'Beveily Nèmbhard Tho Board of Tru8tees, as thè 16gal governlno body, forw8rti8 the obledl¥eg of The Cbngroyallon ol Y8hweh (Tha Congr8gg1ionl by managlng 118 Ilnanclal 8ffalrs and other r&sourc8s for example, proporty and eThsung The Congregatlons complies wllh 11818gal fr8mOWOTk and slatulory obllgalions. 11 prudently rnanages and ¢Jl$lributes Ihe resour¢8s of The Congregallon, ¢onslslonl wllh tho chèrilable purposes the funtls w6Tè iJonat¢d for, so11 can effectlvely fulfll 518 m1881on In lh8 world. Itt line with lh8 Conslllullon n8W truslees aTO appolnlad by the Boatd Of Trustse$, Th& Ap08tollc Councll 1$ re8ponslbl6 for reCeIng and Implempntlng the v181on as the Holy Splrll en8bles, Thelr Work 1$ plonéerlrtg. d8yeloplng, and growlng fellowshlp groups, home and,abroad, through foMardSng th6 masbagg of the Gospel. Th& leam Is m8d8 up of ap081183 and propheli. Th¥ Bogrd'of Eld¢r81s raioonslbb.for en8urlng lh8 safeguardlng attd splNILial health of The Congreg81ion and to evalual? the blbllcal tp8chlng presèftled wlthln The Congrègallon and lo make suré It is well-led In th ro9ard. Page 3
THE CONGREGATION OF YAHWEH 27a Carfton Road, Sneinton, Nottingham, NG3 2DG Charsty Roglslrallon No: 245132 Rélaroncg and Admlnlslratlvp D¢talls Bank•rs: Sanland6r Buslnoss Banng Bridle Rgad, Boolle, L30 4GB Natlonwida Bulldln9 goclely Klngs Paik Road.,knoullon Park, Northampton, NN3 ONW Th8 charlty Bank Ltrl Fos?e House, 182 High Slre8t, Tonbrldge, fN9 1BE Indapendèrtl Examlner: Jason Se8grav& FCCA. Sgagrgve French LLP, 1 Poplars Court, L8nton Lan¢. Notllngham, NG7 2RR InBurance Brokor8: BHI6 Insuran¢a Broker8 Grovo,P4rk, AGM Hou8e, 3 Barton Close, Endèrby, Leloesler, LEI 9 18J Invastment Advlsor*: 1.825 1 Holly Street, Shaff181d. ,S12GT Pago 4
THE CONGREÈATION OF YAHWEH Tru$teo'5 R?port for tho year endlnu 31 $t Do¢emtser2O23 GovomanGa Rayort Th• Btylnnlng4, Th& congregation was fotsMd8d In 1960 and w98 reglstgred wlth Ihe Charlty Commission as B charily on 14 Ayll 1994 atld 8ubg¢quenlly reglstared wllh HM Revènue and Cusloms IHMRC} for lh6 purpos& of Glft Ald. 'Poler Warsopi ah ardènt young pr&acher who was Ilr8188s In hls pur8uIt of truth, 'and others of like mlnd rented a 8mall, upper room In Ihe buslllng markèt lown of Loutshborough, Lelcs., and Thé Congrogotlon's work a$11 Is t¢)Say, bAgan, A Iltno of unfoldlng rev¢latlon fDllow¢d a¥ th1$ mlnlsler tgughl about, the Body of Chrlsl. Ihg function ol Ihe m5nl818Tlal 91ft8 as lald out In Eph8$lans 4 and frogdom to use Ihè glf18 of the Holy Spirit, L11118, il anything, wai beino laught aboul thes8 Ihlngs In tho church world at Ihet Ilme. In Iha lato 1950's h9'1ook up'lhe pastoralo of a church group In Nollingham. In 8 rolallv¢ly short perlod of tlma 'thè uroup gr6w through an Intensa programme of evangellsm whlch saw hundredg of people come lo Yahh and r8C61ve water b4Pll$MI Thu flrst greAt ¢hohye happened when thè le8der6hlp began to baptlse the b6llevers In the Name of Jesu$ as dar6d Sn Ihè SCflpiur&s. Th18 was an unh88rd-of deparlure from the Iradilion of baplislng In th6 name of th& Father. .SvJn,.and Holy Splrll, Hundieds of people benafiled from th18, how8ver, and Water 8aptSsm s¢rvlce5 were a rogular part of thè IFf6 of the ChurGh, 1986 brought a revelallon obgut Covenant and th& fqct th¥l11 was po8slble for mon and women lo have an a¢knowledged Covenant relpllonshlp whth Yahwoh today. Und&rslanding 8boul tho place of the Nollpn of Istagl In Yahweh's ongolng purpos08, the twlh of th8 Ollve Tr68 (Romons 11 I, ahd a èrowlng aw8ron8ss of ' Ihe H8br2k roots of our f8lth wa$ b8ln9 eslabll$h8d In people',9 Ilves. Following Ihls The Congregalloii wa8 18unchad Into 8 decadt of rosloralion - IhÈ use of God's personal name (Yahweh), 8rtd the reèl namo of HIS Son IY8h$huql, ihfj 88venth day Sabbath an¢ the Feasts ol Yahweh as oulllnad In Lèvlllcus 23, Th15 wa8 quld(ly followad by hollness and $an¢llflcallon. Wlh a deslre lo propagat8 Ihe full Gospel of tho Kln[doii), Tho Congrègallon 881 up a sm811 prlnllng worm8 from whl¢h 11 b89an to produ¢8 a varloly of li18raturg whl¢h dlslrlbuled acrt)S8 Ihg world. Thlslold a roundillon for all Ihe future prlnllng and Publlshlng needs of The c0ngreggti. The Conor8galion ha$ 8lways been keeth lo sharé Iho message th peDplf) from 811 w8lk8 of lile al home and abro80. Thls has re5ullad In eslabllshlng congregallon8 In Jamalca Malawl and Konya, and creatlng118s of fellowship with brethren In NoNay. Denmark, the< USA, Canada, Rwanda, Myanmar. South Africa, Pu8rlo Rlco, and Indla. Moln ObJe¢tlv¥'. Thp wlmary obleclive'of ThB Conyregatlon. In response to Yahshua's comml&slon (Matlh6w 28.'19-201,.Is lo prlaIM Ah'e Gospel., wln 8ouls and build the Klngdom wherever Yahweh's Spifit18ads, and the three p8rts of thg Leadershlp Team work logethor lo a¢hi8v8 Ihls. Rovlew of 2023 Durln9 th8 yèar we conlEnued to Implemént our 4Jpdalgd vl$lon for 2021-2025, Tha 1645 Vlslon bulldin9 on our maln oblacllv8 Lo rea¢h. Ihe world wlth lh8 message of Ihe Gospol and tgach dls¢lples everything Ihat tha Falh¢r has r6V0818d lo us recloug Irulhs, doclrinas. and Disllnelfvés Ihal framg tho Idehllly of the Congrogallon of Y8bMlgh. Page 5
THÈ CONGREGATION OF YAHWEH rruslo8sl Roport for Ihe year ended 31st De¢ember 202,3 Icontinu¢d) Alm 1. Huule Chut¢hes whlch f¢Jcus on kèy pr8rllc8B of the Early Chvrch: Prayer Toaching (Apos118s' Ooclrfne) Fellowship Iwlth food) BrwdkSn9'of Bread Worshlp HosplialilylEvangeli8mlMlsslorts Alm 2,. Comthunlty Outrea¢h- T,hls ain) was pul Into practlce through th8 expanslon of lh8 House Churches and thè aclSvltlès that Ihay undertook Includlng: Sharfnp the Gootj News of tho Klngdom Pr8ylng for,, b1&881ng olhers, and handlng oul relevant'Go8pel' Illerature and infomiallon Promotlng aventslsarvice8lmlnlsld6s of Coy Flnding menlwomen 'of peace, who aro wllllng to OP8n homes Sèrvin9lmln181erlng,'In $poclflc ways whlch meel oxlsllng needs In communllles 18nllng of olhBr House ChurchB8 andlor the locating of premlses whlch wlll facllitale th6 numerlcal rowlh ol Hou$è Churth6s Alm 3: F.atthbulldor8 Reachlng out prlmarlly (but not,excluslvely) to 18-30yr olds wlth Ihè me¥$age ol thè Gospel. Adlvlllg8 Inttludo Gts8pal-fo¢ussed s6rvlcès, dls¢usslon groups, sludonl mtrals. and other soclal eV8nts. Thg two m8in greas, whlch promoted Ihls acllvlly was In the Ml.dland8 and Ihg North E?sl. Alm 4: Ark Projects Provldlng food programmes (and any tsther outreach projècts) to both stud$nls and the UJ•rprIVl189ed1d@prf¥ed Sn Notllngh8m, brlnglng Iham Into proxlmlly ol the Church and Its m6mber$. Alm *. Intgrnatlunal Humanltsrlan ProJe¢ts Includlng: Th6. provi81on of medl¢ln8, food, Water, and Blbl¢s lo thos8 iyiost Ih need across th6 06V61oping Woild. Dqvèloplng ralptlon4hips wjth humanttarlan org8nlsatlonB. Alm 61 ltttemallonal Nolwork Includlng,. Connectlng wllh exlstlng Inlernadonal network5, as w81185 rea¢hlng out to n6w counlrl6sl¢onllnenl8 Eslabllshln9 Indlvldii&l relalionshlp8 ecross Inlernallonal Con9regalions ExcharyJ8 progremm6s th81 Jlrohglhen people of'llke falth. Annual woducllon of Mlsglon Times .Alm 7; Impact both th• cothmunlly and thé Chrl8tlan world through Iho modlum of Crèatlvel Performlng Art$ Mlnlstry Muslc producllon Communlty cholr AlTr),8: Praydr Centre Establlshln9 a cefttre of operallon from whlch Iha many prayer requestslnegds Ihal come in from th8 UK and Qcross the world can b8 regponded to and proce55•d gffgdlvely Buildln9 0 strong team of people who see prByer and Inlercesslpn as ¥ key funclion ol Iheir lives Alm 9: Dlsclplgshlp Programme. Ihal takés thr)$8. who come to falth on a lourney whlch establishes key under8tandlng In mallgr6 relat8d to fallh 8nd the Distinctives of Ihe Congregallon of Yahweh, Page 6
THE CONGREGATION OF YAHWEH Tru$te6'8 Rèport for the yoar endln9 31 sft Dacember 2023 Alm 11: Onllne Servl¢e3 Includlng.. Thè provlslon of wund Bibli¢o11oa¢hlng to Coyls Natlonal & Internallonal online network whl¢h helps wllh Iho dèv8lopmenl of falth In bellevers. and th& promotlon of Coy's bellafsldoclrin8 Havlng a strong prosan¢e on soclal medla platfor.ms Alm 11; Thè rè-e8tabllshlng of Youlh Llnk as a vlablè and Inlluontl41 mlnlslry, nurturlng tho falth of chlldron and young peopl• In bpth Houso Churchps & the Communlty. Includlny Ihej dpvelopment and managemenl,of: Dis¢lpl.pghip P.rogf4mme New Gen8ratlon Blble Studles YL Membershlp Alm 12; ¢oY'ts Mombèrnhlp PIocè88, whl¢h outllne8 Rtqulremènts, Behgtils Defaulllng Alm 13. Nlnl$terlal Tralnlng Programme Piov.idkn9 Mosaic Courses online whlch olf8r valuabla r8sourcos for leader8 and equlp Indlvldual$ for mlnl81ry Sh lh8 UK and aotO$g world. Alm 14: Mfrn.torln'g Programm& Imlnlstry Pathway) M9ntQTlng, tralnlng, and preparlng solect IndSvldua18 (18-45yrsl for mlnlsty, partlcularly Ih060 who hava bèan Identlflod as pol6nllol leadgrs across the range of mlnlslry areas In th8 Congr89allon. Alm IS; Prlnlèd #nd onllnè rès¢u&$lM4I0lTals whi¢h glve furthér under8tsndlng of th8 bollelsldoclrin85 oflhe Con9tsgJllon and support Iho davèlopm6nt of fallh In young bèllevers, ThSs was achleved through,Ihe lollowlng resources.. Webslle Klngdorn Llfe (K-Ufe} ttue8t for Truth Nallonal Annual Report Th8 1845 Vlslon Annual Roporl and ONE, Focug Documen18 Alm 11: Natlono1.{C¢ntr4 Churoh) Bulldlng Prpgi8mmo Commèncing works lo Ihe Church Hall givlng il a géneral face lift, whlch captur6s th8 fulurè dlrecllon of Mlnlslry wlihln the Congr8gatlon. Th& Ark {And Food Bank) Our t¢)od bank Is run differently from most In the communlty, as w8 ar8 comlng al Ihis'from 8 Biblical p6rsp8clive of leeding those who are wilhoul. Wè lake spll-teferral$ as well as relerrals from org8nisaliDns and w8 hAve 6eèrJ. Ilrai.hand. Ihe desperate sltU8tlon8 som8 people ara In. A 8m811 le8m has b8en deliverlng. fcA)d partt81s, Hnd we hav8 bepn able lo prey wllh and for peoplé and give 8lbles' out. Vve pul gospel Iracls in gach parcel. Wa provlde s regular'f8dd the hungrf weékly prt)gffjmme, whl¢h provldgs a hol me81 lo Ihosè In need w11hSn the comthunily a5 well as provldlng company and a warm and welcomlng envlronmenl, We havg 8180 run 60me 'Slp, speak and sne¢k' sesslons, wherg members of the Communlly are warmly w8l¢omed for a chat 'wilh soclal pres¢rlbers, fingnclallbenefits advlsors and haallh & w8llb8ing coach8s wilh hol drtnk8 and snacks 41so provlded, Paga 7
THE CONGREGATION OF YAHWEH Trust8a'8 Rèport for the year éndlng 3181 Decèmbèr 2023 W& hava bben f?ilhfully r¢aching out to Ihe commuhily, asklng for support bolh financially and for IoDd donalions. The second-hand dellvery vehlcle has helped us to underlako acliv.illes for the communlty. W 8r• oxlramely grateful, and thls wlll go a long way In suppurilng the Food Bank. R¥achlng out lo thg homaless.lts,.somothin9, we f911 we no8ded lo do 8ow6 have made up bags lo be handed aul. Indfviduals who want lo be Involved wllh this can pul Ih8m In Ihe boot of their car so that when Ih8y 8ra l ?nd aboul: Ihoy eon hand Ihg ba9S Qilt to th8 homg18ss. Al our volunleot8 are pprOprIatelY Iralned and have obtdlned food hyglene certiilcation. and the Foodbank IE lomially registered wlLh Ihe Councll Envlronmenlal Healih SeNlce. We b&llev6 the foodbank wlll conllnue to rea¢h many wllhln.our.Mmmunily in one way or another and this wlll help lo pave tho way for the gospel lo bp shared wlth many. Iou80 Churches: W8 have n)Ota Ihdn nlnp churthes opgrallng around tho cbunlry ano Ihls Aumb6r will èxpand during th8 cwrsa',of 2024. Although aotivltle8 wlll vary. depondlng on slzo of the housè church. end avallable m8mb•rs Ih8r8 has been B hug8 programm8 of communlly Involvempnl and acllvltlès. Among th8sa gra.. coffee momin9s provldlng companlonshlp for those who IIv8 abne or fgel Isolated, sh8red meals, 8v8nl$ commemoratlny nallonal eveDls e.g. tho late Queen Ellsabolh Il's Jubilee, the Coronation ol Klng Charles 111, qulzzes, outdoor cin8ma8. communlly cholrs, Remornbrance servlces, dlslrlbullon of 'eJood News, newsp8p8rs, .community mu$lo and worshlp 8vonis, blblg Studlos and dl$¢u$sions, nurlurlng of new bellgveTS as well as maklng sura wè dcn't n89lect our,senlor cSllz¢ns and tholr n¢'eds, Inl•rnatlonal Dov•lopm•nt: b8r8 conllhuA to 8UPPOrt th8 financlal needs of our ov8rseas ¢ongr8galions gnd group5 who look Io u8 for splrltU81 guidance.and backlng In prayar. Dsje lo Charlly Commlsslon rogulatlons on how our charllabla funds can be u$6d w6 shar8 humanllerlan need8 trom groups around the world and polnl our memb6rs and potentl81 donors In Ihe d1CtIon of Village Foundatlons Irgglslered ¢herlty no. 1139081) lo dornalg dlrgc15y to meet thosè he6d8. Rl&k Managomenti The Tiustèes have ensured that a sullable sy81em of internal control and rlsk mAngg9menl processe5 and pToGedur8s are In place to mlligqlg the major rlsks Ih81 The Congre9alion fac9s. Thls Includes Issulng gulJgn¢e on'lh8 counllng and banklng of 8ny cash donallon8, Includlng Énsuilng ih81 Iwo Indep¥nd&nt people. ptsrforn) thls la$k'ond that all monle$ Flre b9nkèd a8 soon as 1$ pracllcèb'le. A system of bu¢Jgelary control is In placu, and th15 Is revlewed by fwslee¥ and Ihe Natlonal Overseer monlhly as w811 as updated piooedure3'1¢ir expendllure 8ulhorlsaUon. There l¥ o monthly fidud revlew and examlnallon of accumulaled lgrgè flnanclal donallons, In Ilno wlth HMRC ahd Charlly ¢omrnisslon guldance th8 Tru6lees have pald partl¢ular allènlion lo any supÈoYI It glv8S to over8èa8 chur¢h9s, retalnlng evldence of how fLinds have been expended anrj ensurlngll Is only used for ch8rtlable and the purpo8a5 intended. ResèNes Poll¢y: Th8 lovd of normal reseN¥s héld 18 lo be sufficienl to conllnue to pay all staff for three months And Ihree Ilmas tho avaragé monthly spend on budgelB. Cash not needèd for immedlale dls¢harge ol Ilabilities 19 rolalnad ellher In 8hort term bank deposII aceourtts or an account thal11 fixèd for 12 months, Any funds more than Ihl8 ¢an be added to our Inv6slmonl porttollo on th6 advlca of our advisors.
THE CONGREGATION OF YAHWEH Trustèés Ileport for thè year ondin9 31st O¢¢emb8r 2023 Flnonclal Revle_w: Ganèral donallohs, whlch also ih¢ludes Iradlng, ronlal, end lrivbslment Income (£174,981) wero £3,533 more Ihan Iho amount.r0¢eed In 2Q221£171.448), whl¢h was a 2Yi increa59 and more In line wSlh dgnations recelved In 2021. Gpn8ral spondlrlg has Increa8ed by almost 13% 10 £168,515 Irom £147,329 Ih 2022 aiid rèsults In a surplus of Inomè ovèr éxpondllurg of £9,709: Tho Tru_816e8' are eware Ihat tho value ol Invo8bnenls wlll always flu¢luale gnd arg mlndful Ihal these musl be vlowod 098r an,èxlènd¢d Pgrlod, Iri th6 2022 thè value of Iha Invo$tmehl& dè¢7eèsed by £24,873. Th18 rolec(ed Ihg néral Blat& of Invè8tm"ant8 Portfollos. dua lo the ongolng hlgh 18v61$ of Infl8tlon .and poor economlc growth WOTldwld8. During thè yaar. Ih"e. Truste8s chang¢d lh8 way8 our invostrnènis are man8g8d with (ho expeclallon Ihat a molp responslve and'qul¢ker rovlaw of our holdlngs wlll rosult In In benèflls lor tho CDngregallon's fSnances. The value of our Investmonls has Inryeasad In 2023 ¢onsislonl wllh Ihe stock, m8rf¢ets shOng slgna of rocovery slnae tha pandèmic 8nd the deciston of Ihé Trust•OS to swll¢h th8 Yund's portfoslo that In whlch we invest. In 2023 Thè CDngrog)Ilon spw an unreqllsed galn of £16.044. reclatlon. W6 valu8 and aré èxtremaly gtsleful fol Ihe unceasing 8UPPQrt of Ihe members of The Congregallon of Yahwoh,.as voluntoers, who glve so much of Ihelr tlme, .enorgy, flnances, and help. Wllhoul Ihl8 Input, Th& Conèiè.#8tIOn woiild not bè able lo fuhLlh)n.. Jasmln $1 Secretary Rogor Bodèn, Treasurer Date13 ¢Jl Pag8 9
lttdeyndènt Examln,er'? Report,to tho Trust¥¢9 of The Congre9atlon ol Yahweh I report on the a¢counls,of the ehaitty lor the yepr ended 31 D9Mber 2023 whlch #re 8¢1 out on pgg8s 10 10 18. .Rospon$lbllltle¥ and ts0518 of rgport A8 th& ¢h8rlV8 Irusleeg you ara responslblè for th8 prèparkllon of lh8 aecounts In accordanca wllh the Toqiiltemenis of Ibo Chqrllle¥ A'¢t. %a22 {:Ihe Act,). I, report In reBpect ol my examinalioh of Ihe charlty's a¢counts carrigd out undgr 88clon 145 of Ihe Act and In carrying .oul my exarnln8llon I h8ve tollowed all tho appll¢able Dlrecllon6 given. by Ihe Charlty Comm1881on under seCtn 145(5){b) oflh6 Act. Indgp•ndenl exarnlnerfs statement I havq tomplèted my examlndiitsn. I confim7 that no rnatsrlttl molt¢r$ have come to my 8119nllon In ¢onnèoUon wllh th8 oxan)InaUon giving mé c8V8e lo bell8v8 that In any matertol r6sp•cl'. accounfSh9 roGords wgro nol Kept In re8P8rt ol the charlty as requlr8d by sectlon 130 of tho A¢t,' or the.8ccount8 do not aGeortl.wllh th08è record6, or the ac¢ounls do not comply wllh Ihg appllcable requlremenls concernlng Ihé form and ¢onlenl of ac¢ounts set oul In the Charltles (Accounls and R8port8} Regulallons 2008 other then .any rBqulr8m8nt Ihal Ihg atrOUMts glv8 a ttwe Ond falr vlow. whl¢h Is not a mallor.consld8r6(J 08 P8rt Df an Indgpandent examlFTg11on, Ihav no ¢ono8ms an¢.hav8 come acros$ no other'malter8 In eonn8¢llon wlth Ihe examlnatlon to'whlch allenllon rawn In thls reporl In ordar to enobla 4 proper underslendliig of Ihe,accounls to be Trached. Jab &agrdve.FCCA, agve French LLP. 1 Poplars Court, Lenton Lane. Nottlngham, NG7 2RR Oat 17hkf Pago 10
THE CONGREGATION OF YAHWEH Statément of FIDandial A¢tlvltle$ for th¢ Year Ended 31 Docemb&r 2023 Unrg8trfct8d R88trlcted Fund8 Total 2923 Total 2022 Not¢ In¢omlng 1168ourl Incomlng R080ur¢os trom gfrneratfjd tund8: Voluhlgry Incorn tlonallons and glfts Grants 4¢llvltle8 lorgongratln9 funds Trgdiny In¢om8 Rertlal Income Inve81ment In¢ome 165,333 188,988 185,197 7,OQO 4,444 10,000 2,672 9,320 10.000 T¢tdl IncomlA¢ re¥ource8 Re8our¢o8 Expended CD$t ol gpnerallng fund3; Fundralslng trading Charllabl8 ¢XPèndltur8: Mlnlsterial anagem8nl and Admlnlslrallon 31,539 140 336 24,573 66,112 140 336 46,823 1.31095 24 177 718 ov¥rn8ncè eo$t8 Total Resourogl Exp9ndod 178 008 202 581 N•t (out9¢lng)nn¢omlng r¢$ourcè• bgforo tr•n8fer8 1.082 9,709 15,681 othor recognlsgd yaln81{1088as> Unreallsed geln81lloBS881 on Investment assets Net Mov&mont In FNdS 24,691 1,062 25,753 (9,212) Raconclllailoh of fiknds: Total funds broughl forward Tol81 funds carrkd foNard 897110 94 The notes on page5 12- 18 form an Integral part of Ihesg acco.unl5. Page 11
THE CONGREGATION OF YAHWEH Balgn¢e Sheet as at 31 D?¢omber 2023 2023 2022 Not• Flx•d Asbot$ Inlanlllble Asso18 Tanglble Assot8 Inveslmenis 411,898 279,346 691,244 424,317 263,302 687,619 cuIrohtA$ts Dgbkjfs Short TÈM Dèptsslts CashAt tsqnkand In hand 12 31,407 214,756 242,030 276.075 253.430. Creilitors; athounts f&iiing due wllhln ona year Not CurrentA839ts Tot41 a•8&t81988 Currant IlabllllloB Fundi: Unr&8trl¢tod fund$ G8neral funds Deslgnalod Fund5 910,220 885,710 11 921,801 897.110 Rè¥trl¢t8d Furtd8 Tolal FuRd• 15 13 ol 4>prov8d bylh8 Bodrtl olTNslees on ..,....,,. ...,..,,,, ,.... ahd slgned on Its behalf by,, Mylo¥-Wll8on,'Sa¢rotsry Rog•r Boden Treasurer The notss,oh pages 12- 18 fnm an Ints9ral part ol Ihese accounts. Pago 12
THE CONGREGATION OF YAHWEH Nolas to the Finanoial $tstgment8 for tho YoaT Endod 31 D&cÈmber 2023 A¢countlng Pollnlè Th6 flnanclal statements have been prepared under Iho hlslorlcal co81 ¢onvenUon, wllh Ihe èXCèPtIDD of Inv8slment8 whloh are Included at mark&t value. The flnanclal statements hèva baan prépÉr&d In aGcordaN¢6 wilh tha Charllles Act 2022, Ststfrmenl of Recommended Practlce ISORP), °Accounling and Reportlng by Charliies" qnd appllcabla 8¢counling standards. 81 Branch8s whlch arei non ouionomous are Ineluded In Ihe full arcounts. 8ranchgs In England aro regardéd as aulonomous ond ar6,cohsldered lo be ¢bnngclèd Gharill89. b} All voluntary Income Is acoount8d for 9ross when :rècolvablè, .a8 long a& 11 Is capabl8 ol ff nanoial maasurement.. Th18 Include¥ glfts In klnd. Includad at e$llrnaled valuatlon. Trddlng Incomo 18 Includ6TJ not of valu8 addgd lax. cl Re$oufCeS gxpondéd, lrtcludln9 grants, are accounted for gross when p8yable. R8soure6s expended In¢lud88 cogts of (he arttlvllles and depre¢lallon on related assets. Wh6r8 such costs relate lo more than ong functional ts18gory, Ihay have bean spllt on o1th8r an estlmaled Ilme or floor sp8C8 ba8lp. ÉÉ approprfalè. dl T8nplbl& flxed 88set& ar0 inGluded at cost oi valuallon, valugllon b¢lng cost plus the èsllmaled Cost of tmprovements: ther6 8r8 no UneaPlloli8èd t8hglble flxed as8els. •) Depreclallon Is provlded to wrlte off th8 ¢osI or valuatlon ol all fixed a$69ts over Ihelr 8xpecled useful Ilves. It Is Galculated al the followlng rate5: Frèohold land and bulldSog$ Plant and machlnpry Flxluras 8nd fitllng¥ Compulorg WèbBI 2Vv p.er annum on cost 10- 20% p6r annum on c081 100h per annum on cost 20% per annum on cost Over o parlod of 3 y88rs Inv081menls are St'aled al markgl valug at Ihe balance shgel dale. The Slalemenl of Flnancl81 A¢llvltles Includes the.nel galns and losses on ravaluallons and dL8posals throughout the year. g) All Iradlhg stocks are valued at the lowgr of cost and n81 realls$bl8 value. All other slcoks havg been egllmaiod al thelr nel rea118ablg valu8. h) Deg1gn818d fund$ 8re funds s&18sld¢ lor 8pgcifio purpose8 by thè TnJslaeB. Rostrlttièd fijnds arp funds subjfycl lo spèclflc tru818 daclayed by the donor or cr&ated through logal process. l) Rentals appllcable io operallng leas08 whgro subslanllalw all of the b8neflts and rlsks ol ownershlp remaln wlth the lessor ar8 charged agaihsl resources expeAded 0$ Incurred. Page 13
THE COMGREGATIO.N OF YAHWEH Not88 Formlng Part of.th8 Flnan¢lal Ststemtint8 for thè Year uhdéd a1 Dècembor 2023 2 Donatltyns and Èlfts 2023 2022 Unreatrlcted DonolK)ns and glll8 Tllhes 12,501 130,041 5,843 136.592 3.327 Incoma tsx ¢r6dlt8 185,333 167,057 Rb$lrl¢tod Donallon$ Dottalltsns anrl glfts 183 g68 3, fradlng Actlvltles 2023 2022 Tradlng IrlGOrn4 Prfnllng 4 InVe8trnont Incomè 2023 2022 Inlerest,Rec&lved S Grart8 d¥nltlon8 payablg GrBnls ar donallons payable for tha year ended 31 O&rember 2023 were £22,189 (2022: £18,472), Th8 major grartl8 and donallon8 pald In the year ware., Grartls lo local church6s iii England to support Ihglr work Grants lo mlsslonary ¢hurGh In Kenya to support thelr work 16,48Q 5,700 Page 14
T.HE CONGREGATION OF YAHWEH Notos forthlng port of the Flnan¢lal Statemont8 for Ihe Ygar Ended 31 DeGgmb8r 2023 $ ,Anaty819 of Total Rèsourcès Expanded Slaff Costs Other dlrocl Co8t$ other Total 2023 Total 2022 Publlshftyg Mnisl&rial an8gemonl and admlnlslt8tlDn G)vernance costs 1,238 10,692 2.885 2,728 46,623 131.,095 56,112 140,338 40.717 915 20 18 7 OthBr Cost8'.In¢lud•: 2Q23 2022 lridependttNI ExamlnèV8 r*mun¢raJon OerNgclallon ald wnortlsalion 8 8t4ff Co$1$ 2022 Wagos and SalBrles Soclal Securlly cobts P6n6lon ¢ost6 93.110 1,802 87,944 1.608 Average number OF &roployees NO ompioy86 w88 p8ld'£80,000 por annum or abovo, The 811ocollon of 61aff costs by d8parlm6nl are anaiysed In noto 6 above, g Intanglblé Flxed As6010 Wèbslto Cost 1 Jahuary. 202,3 AddllloTh8 10,055 310ecember 2Q23 D8preclotlon At 1 Jonuary 2023 Ghargè forlhe year 10.055 31 0ec&mber2023 10 Nèt Bookvalua 31 Pèoember 2023 31 Dècgmber 2022 Pagè 15
THE CONGkEGATtON OF YAHWEH Not08 Porrnlng Partol Iha Flttan¢l?I Stotethents forlhè Y¢#r Endad 31 Deoèmber.2023 10 Tonglblo Flxod As?pl$ Plant.artd MaGhln•ry FIxr08 and Flltlngo Land and Buildlngs T.ofal 1 Janu8ry 2023 Addi1SLMs Dlsposals 31 oecgrnbèrQ023 19,689 2,398 $49,728 641,636 2,396 DepreclatlDn .1 January 2023 Chergo for the year Dlsposal$ 31 DeconlbBr 202b 8.026 2.597 142.OSO 10,9è5 217,219 14,815 70 366 I&&6 Nqt Book Valuo 31 D¢¢ornbor 2023 396 683 89 31 K)g¢ember 2V22 42 51 Th$ trsleP arè of tho oplnton Ihal the markèt valua of ,Ihe Land and 8ulldlng8 Is slgnlli08nlly hlgher than th8 Carng value. Howgv8r,,glv8n MOBI of th88e prgpgrtigs are ohurch&B,11 1$ IhipvqctlI lo quantify Ihe difforgnc8. 11 Flxed A88Ot Inv.estmenl8 Markèt valtso 1 January 2028 dillon8 263.302 018poS81 proca8ds Net Iastm6nt galnslllussgs) 31 Decembèr 2023 27 All fixed asset InY8Stmonl8, axeepl £250 of sllver coins, relate to Inveslrnent trusts and unlt Irusls and are odmlnlslaied by the fund manag&rs abrdn Flnancial Plannlng and Adylce Ltd. The truslpgs are of Ihè oplnlon Ihel iha valuation wlll hgve.<èr8d sln¢e Ihp,yaar end, as Ig expected wllh, such Invo$lm8nts whloh fluciuate dally. How8V8r, il Is &)nsldered Impra¢llcal to quahiify Ihè difforen¢e. 12 Deblorts: amDunt8 lalllng duè wlthln one year 2029 2022 Trad6 Pebtors Olh8r Debtor8 Prèp8yrnenls and accrued Income 47 4,228 2,600 3,430 3,440 18 13 Cfvdlttsys: amounl$.talllno duè wlthln onè year 2023 2022 Olher Credltor$ Accnjals 1,698 Page 18
THE CONGREGATIDN OF YAHWEH Notes Formlng Part. of thè Flnanclal S.tat6m6n181gr Ihè Yèar Ended 34 Dacember 2023 Net Curren Assel '14 Analysls.of Nèt A8Sèt8 between Funds Flxed A88019 Total Unr8sltltt8U Ftsnd8 Goner81. lunds 08slgnaledFunds.' LggBw Fund Oknèr d¢4lgnetfid Ind 687,187 910,220 5,453 6,128 5,453 8,128 R08trlclod Funds Inlernatlonal Dèvelopmènt Ftsnrl Tha Bulldlng ARK FoE)d Bank Pro]e¢ts (vla Stsc) 0er reBlrlct6d fund8 11,404 4,OTI 616 Total Funds Th8 L8gaay Fund conslsta of a1oga¢y left lo Ihg ¢harSly In tha wlll of o lonostandlng member prlmarlly {but not excluslvely} lo be used for prof98g1on8lly rocofdln¢ Ihe Song8 of the Congregation and 9etllng them inlp the wbllo dom81rt, Tho Intemaiional Devèlopmènl Fund olms lo provldo financlol 8UPIKsrt lor Ibosts askèd lo vlslt thurches or mls81on prolecls ovgrseas.. to provldg r6soufce$ and Illeralsjrè lo traln members ol likemlnded overseas hgr89atlon8; to supply blbles, food, water and medSclné lo counlrles CUTfenlly In féllowshlp with Coy UK. the Buildlng Fund cons18ts of donatlorts towards tho r8furblshmenl of Ihe Charity's propertlgs on Carlion Road, Nolllngham. The ARK Food Bank Projects Funfl con818ts o a donallon from one Indlvldual lo be u68d for the Ark. Food Bank end Ils prole¢l$. 11 has been k6pl separate In casa Ihal person wishes10 Gee how Ihe money has bé$n used. 15 Surnfftary of fund movem8nt8 Fund balances as at 1 January 2025 Fund balan¢o$ as at 31 De¢ombor 2023 Tranler8 and Galns I (1088è8} Incomlng rè8our¢e8 Outgoln9 r&source$ Unrestrlcted Funds G8Jleral fun'da Deslgnalod Fund$', Legaoy Fund other desi9nqled funds 885,710 174.981 {168.515) 16,044 910,220 9,941 1,459 1,100 {5,588) 15.905) 5,453 6,128 Roslrlctsd Fund& International D8velopmenl Fund TheBulldlng Fund ARK Food Bank PtolWs (vla SGC) Other re8trfclad funds 4,668 {4,3251 11,404 14,693 15,561 14,071) 11,490 Tolal Funds U6 Pagè 17
THE CONGREGATION QF YAHWEH Noto9 Fomilng Part orthe Flnanolpl Statement¥ fpr Ihe Yéar Ended 31 Decembér 2023 16 Transactlons wlth trustees Durlng th& year to 3.1 Uecembèr 2023 lh¢ Iru8tegs r8celvéd expènsès tol811ing £nll <2022: £nll). 17 Ultlmate Controlllng Party The charlly l? controlle¢ by Ib8 tr#1&8. Page 18