Year ending 31 December 2024 The Congregation of Yahweh Trustees, Annual Report and Accounts CONGREQATIQN OF YAHWEH 27A Carlton Road, Nottingham, NG3 2DG Website: htt :l/www.con ah.co.uk Email: accounts con ah.co.uk Tel: 0115 8378083 Charity Registration No.. 245132
The Congregatlon of Yahwoh Index to the Financial Statements Page structure and Management Reference and Administrative Details Govemanee Report Independent Examiner's Report 10 ststement of Financial Actlvitie8 11 Balance Sheet 12 Not88 to the Financial Ststements 13 Page 2
CONGREGATION OF YAHWEH 27a Carlton Road, Sneinton, Nottingham, NG3 2DG Charity Registration No.. 245132 Structure and Management Board of Tru8tees: Edwin Josephs (Chair) Jasmin Myles-wilson (Secretary) Roger Boden (Treasurer) Gale Boden Wayne McLeish ostollc Council.. Alcot Walker Jon Thornton Daslie Nicholson Shearon Walker Board of Elders: David Hayes Edwin Josephs Pnina Josephs Valerie Warsop Beverly Nembhard The Board of Trustees, as the legal goveming body, forwards the objectives of The Congregation of Yahweh (The Congregation) by managing its financial affair8 and other resources for example, property and ensuring The Congregations complies with its legal frameworft and statutory obligations. It prudently manages and distributes the resources of The Congregation, consistent with the charitable purposes the funds were donated for, so it can effectively fulfil its mission in the worl(J, In line with the Constitution new trustees are appointed by the Board of Trustees. The Apostolic Council Is responsible for receiving and implementing the vision as the Hoty Spirit enables. Their work is pioneering, developing, and growing fellowship groups, home and abroad, through ft)warding the message of the Gospel. The team is made up of apostles and prophets. The Board of Elders is responsible for ensuring the s8feguarding and spiritual health of The Congregation and to evaluate the biblical teaching presented within The Congregation and to make sure it Is well-led in this regard. Page 3
THE CONGREGATION OF YAHWEH 27a Carlton Road, Sneinton, Nottingham, NG3 2DG Charity Registration No.. 245132 Reference and Admlnlstratlve Detalls Bankèr8: Santander Business Banking Bridle Road, Bootle, L30 4GB Nationwide Building Society Kings Park Road, Moulton Park, Northampton, NN3 ONW The Charity Bank Ltd Fosse House, 182 High Street, Tonbridge, TN9 18E Jason Seagrave FCCA, Seagrave French LLP, 1 Poplars Court, Lenton Lane, Nottingham, NG7 2RR Independent Examlner: Insurance Brokers: Clear Insurance Management Ltd ndsor House, Cliftonville, Northampton, NN15BE Page 4
THE CONGREGATION OF YAHWEH Trust68'8 Rgport for the year ending 31st December 2024 Govemance Report The 88ginnlngs The Congregation was founded in 1960 and was registered with the Charity Commisslon as a charity on 14 April 1964 and subsequently registered with HM Revenue and Customs (HMRC) for the purpose of Gift Aid. Peter Warsop, an ardent young preacher who was tireless in his pursuit of truth, and others of like mind rented a small, upper room in the buslling market town of Loughborough, Leics., and The Congregation's work as it is today, began. A time of unfolding revelation followed as this minister taught about the Body of Christ, the function of the ministerial gifts as laid out in Ephesians 4 and freedom to use the gifts of the Holy Spirit. Little, if anything, wa5 being taught about these things in the church world at that time. In the late 1950's he took up the pastorate of a church group in Nottingham. In a relatively short period of time the group grew through an intense programme of evangelism which saw hundreds of people come to faith and receive water baptism! The first great change happened when the leadership began to baptise the believers in the Name of Je8US as declared in the scriptures. This was an unheard-of departure from the tradition of baptising in the name of the Father, Son, and Holy Spirit. Hundreds of people benefited from this, however, and Water Baptlsm services were a regular part of the life of the Church. 1966 brought a revelation about Covenant and the fact that it was possible for men and women to have an acknowledged covenant relationship with Yahweh today. Understanding about thg place of the Nation of Israel In Yahweh's ongoing purposes, the truth of the Olive Tree (Romans 11), and 8 growing awareness of the Hebraic roots of our faith wa8 being established in people's lives. Following this The Congregation was launched into a decade of restoration the use of God's personal name (Yahweh), and the re81 name of His Son (Yahshua), the seventh day Sabbath and the Feasts of Yahweh as outlined In Leviticus 23. This was quickly followed by holiness and sanctification. th a desire to propagate the full Gcspel of the Kingdom, The Congregation set up a small prlnting works from which it began to produce a variety of literature which was distributed across the world. This laid a foundation for all the future printing and publishing needs of The Congregation. The Congregation h8s always been keen to share the message with people from all walks of life at home and abroad. This has resulted in establishing congregations in Jamaica Malawi and Keny8. and creating tie8 of fellowship with brethren in Norway, Denmark. the USA, Canada, Rwanda, Myanmar, South Africa, Puerto Rico, and India. Maln Obj9Gtlve' The primary objective of The Congregation, in response to Yahshua's commission (Matthew 28.'19-20), is to proclaim the Gospel. win souls and build the Kingdom wherever Yahw9h's Spirit leads. and the three parts of the Leadership Team work together to achieve this. Revlew of 2024 During the year we continued to implement our updated vision for 2021-2025, The 1845 Vision building on our main objective to reach the world with the message of the Gospel and teach disciples everything that the Father has revealed to us Congregation of Yahweh. precious truths, doctrines, and Distinctives that frame the identity of the Page S
THE CONGREGATION OF YAHWEH Trustees, Roport ft>r the year ended 31st December 2024 (continued) Aim 1: Hou88 Churches which focus on key practices of the Earfy Church: Prayer Teaching (Apostl8s' Doctrine) Fellowship (with food) Breaking of Bread Worship HospitalitylEvangelismlMissions Alm 2: Communlty Outreach- This aim was put into practi through the expansion of the House Churches and the aGtivities that they undertook including.. Sharing the Good News of the 'ngdorn Praying for, blessing others, and handing out relevant 'Gospel' Ilterature and information Promoting eventslseNiceslmini8tries of Coy Finding menlwomen 'of peace, who are willing to open homes SeNinglministering in specific ways which meet existing needs in communities Planting of other House Churches andlor the locating of premises which will facilitate the numerical growth of House Churches Alm 3: Falthbulldern Reaching out primarily (but not exclusively) to 18-30yr olds with the message of the Gospel. Activities include Gospel-focussed seniices, discussion groups, student meals, and other social events. Alm 4: Ark Projocts Providing food programmes (and any other outreach projects) to both students and the underprivllegedldaprived in Nottingham, bringing them into proxlmlty of the Church and its members. Alm S. International Humanitarian Projects Including.. The provision of medicine, food, water, and Blbles to those most in need across the developing world Developing relationships with humanitarian organisations. Aim 6: Internatlonal Network Including: Connecting with existing intemational neOrkS, as well a8 reaching out to new countrieslcontinents Establishing individual relationships across international Congregations Exchange programmes that strengthen people of'like faith, Annual production of Mission Times Alm 7: Impact both the communlty and the Christian world through the mèdlum of Creatlvel Performlng Art8 Mlnlstry Music production Communty choir Alm 8: Prayer Centre Establishing a centre of operation from which the many prayer requestslneeds that come in from the UK and across the world can be responded to and processed effectively Building a strong team of people who see prayer and intercession as a key function of their lives Aim 9: Dlscipleshlp Programme that takes those who come to faith on a journey which establishes key understanding in matters related to faith and the Distinctives of the Congregation of Yahweh. Page 6
THE CONGREGATION OF YAHWEH Trustee's Report for the year endlng 31st December 2024 Aim 10: Online Servlcés Including: The provision Df sound Biblical teaching to Coy's National & Intemational online network which helps with the development of faith in believers, and the promotion of Coy's beliefsldoctrine Having a strong presence on social media platfomis Alm 11: The rewe8tabllshlng of Youth Link as a vlable and Influentlal mlni8try¥ nurturing the faith of chlldron and young people In both Hou88 Churches & the Communlty. Including the development and management ot. Discipleship Programme New Generation Bible Studies YL Membership Alm 12.. Coy'$ Memborshlp Process, whlch outllnes Requirements Benefits Defaulting Alm 13: Mln16torlal Tralnlng Programma Providing Mosaic Courses online which offer valuable resources ft)r leaders and equip Indlvlduals for mlnistry in the UK and across the world. Alm 14: Mantorlng Programmo (Mlnl8try Pathway) Mentoring, training, and preparing select individuals (18-45yrs) for mlnistry, particularly those who have been identified as potential leaders across the range of ministry areas in the Congregation. Alm 15: Prlnted and onling resourc881materla18 which give further understanding of the beliefsldoctrines of the Congregation and support the development of faith in young bellevers. This was achieved through the following resources... Website Kingdom Life (K-Life) Quest for Truth National Annual Report The 1845 Vision Annual Report and ONE Focus Documents Alm 16: Natlonal (Centre Church) Bulldlng Programme Commencing works to the Church Hall giving it a general face lift, which captures the future direction of Ministry within the Congregation. The Ark (and Food Bank) Our food bank is run differently from most in the community, as we are coming at this from a Blblical perspective of feeding those who arn without. We take Self-referrals a8 well as referrals from organisations and we have seen, first-hand, the desperate situations some people are in. A small team has been delivering food parcels, and we have been able to pray with and for people and give Bibles out. We put gospel tracts in each parcel. We provide a regular 'feed the hungry. weekly programme, which provides a hot meal to those in need within the community as well as providing Company and a wam and welcoming environment. We have also run some 'Sip, speak and snack, sessions, where members of the communty are warmly welcomed for a chat with social prescribers, financiallbenefits advisors ané health & wellbeing c08ches with hot drinks and snacks also provided. P8ge 7
THE CONGREGATION OF YAHWEH Trustee's Report for the year endlng 31st December 2024 We have been faithfully reaching out to the community, asking for support both financially and for food donations. The second-hand delivery vehicle has helped us to undertake activities for the community. We are extremely grateful, and this will go 8 long way in supporting the Food Bank. Reaching out to the homeless is something we felt we needed to do so we h8ve made up bags to be handed out. Individuals who want to be involved with this can put them in the boot of their car so that whon they are out and about, they can hand the bags out to the homeless. All our volunteen8 are appropri8tely trained and have obtained food hygiene certificAtion, and the Foodbank is formally registered with the Council Environmental Health SeNice. We believe the foodbank will continue to reach many within our community in one way or another and this will help to pave the way for the gospel to be shared with many. House Church68: We have more than nine house churches operating around the country and this number will expand during the course of 2025. Although activities vary, depending on size of the house church, and available member8 there has been a huge programme of community involvement and 8Gtivities. Among these are.. coffee mornings providing companionship for those who live alone or feel Isolated, shared meals, events commemorating national events e.g. 801h Anniversary of the D-Day landings, quizzes, outdoor cinemas, community choirs, Remembr8nGe services, the Holocaust Memorial Day and RemembranGe Day, distribution of 'Good News, newspapers. community music and worship events, bible studies and disGu&8ions, nurturing of new believers as well as making sure we don't neglect our senior citizens and their needs. Intornatlonal Development: Members continue to support the financlal needs of our overseas congregations and groups who look to us for spiritual guidance and backing In prayer. Due to Charity Commission regulallons on how our charitable funds can be used we sh8re humanltarlan needs from groups around the world and point our members and potential donors in the direction of Village Foundations (registered charity no. 1139081) htt '.1 .villa e-fo ations. these needs. I to donate directly to meet Rlsk Pllanagoment: The Trustees have ensured that a suitable system of internal control and risk management processes and procedures are in place to mitigate the major risks that The Congregation faces. This includes issuing gUId8n on the counting and banking of any cash donations, including ensuring that independent people perform this task and that all monies are banked as soon a8 is practicable. A system of budgetary control is in place, and this is reviewed by Trustees and the National Overseer monthly as well as updated procedures for expenditure authorisation. There is a monthly counter-fraud review and examination of accumulated large financial donations. In line with HMRC and Charity Commission guidance the Trustees have paid particular attention to any support it gives to overseas churches, retaining evidence of how funds have been expended and ensuring it is only used for charitsble and the purposes intended. Reserves Pollcy: The level of normal reserves held is to be sufficient to continue to pay all staff for three months and three times the average monthly spend on budgets. Cash not needed for immediate discharge of liabilities 18 retained either in short term bank deposit accounts or an account th8t it fixed for 12 months. We also manage our longer term investments for funds that we are able to invest for higher growth, and 2024 has been a particularly successful year for this. Page 8
THE CONGREGATION OF YAHWEH Trustee's Report for the yaar •ndlng 31st December 2024 Financlal Revlew: General donations, which also includes trading, rental, and investment income (£214,959) were £39,978 more than the amount received in 2023 (£174,981). General spending has increased to £184,504 from £166,515 in 2023. The Trustees are aware that the value of investments will always fluctuate and are mindful that these must be viewed over an extended period as the value in the short-term may fluctuate according to the relative levels of inflation and economic growth worldwide. In 2023 year, the Trustees changed the ways our investments are managed with the expectsts.on that a more responsive and quicker review of our holdings would result in in benefits for the Congregation's finances. The value of our investments has increased in 202 consistent wrth the stock markets showing signs of recovery since the pandemic and the decision of the Trustees to switch the portfolio in which we Invest. In 2024 The Congregation saw an unrealised gain of £24,896. reciatlon. We value and are extremely grateful for the unGeasing support of the members of The Congregation of Yahweh, as volunteers, who give so much of their time, energy, finances, and help. Without this input, The Congregation would not be able to function. min es, Secretary Roger Bodon, Trea8ur?r Date D8te Page 9
Independent Examinerfs Report to tha Trustees of The Congregatlon of Yahweh I report on the accounts of the charity for the year ended 31 December 2024 which are set out on pages 10 to 18. Respon8lblllti88 and basi8 of report As the charity's trustees you are responsible for the preparation of the accounts in accordance wrth the requirements of the Charities Act 2022 {'the Act.). I report in respect of my examination of the charity's 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 Charity Commission under section 145(5)(b) of the Act. Independent examlnerfs Statement I have completed my examination. I confirm that no material matter8 have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requlrements 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. concerns and have come across no other matt8rs in connection with the examination to which attention wn in this r&port In order to enable a proper understanding of the accounts to be reached. Ihav Idbe on Seagrave FCCA Seagrave French LLP, 1 Poplars Court, Lenton Lane, Nottingham, NG7 2RR Date. 1418(2J Page 10
THE CONGREGATION OF YAHWEH Statement of Flnanclal Actlvlties for the Year Endod 31 December 2024 Unrestrlcted R88trfcted Fund8 Funds Total 2024 Tolal 2023 Note Incoming Resourc08 Incoming Resourc88 from genorat8d funds: Voluntary income Donations and gifts Grants Activities for generating funds Trading Income Rental Income Investment Income 2D5,174 18,522 10,500 223,696 10,500 183,968 7,000 2,349 8,829 2.349 8,829 4,444 10,000 Total Sn¢omlng resources 226 628 212290 Resource8 Expended C08t of genoratlng fund8: Fundraising trading Charltable expondlture: Ministerial Management and Admlnlstratlon 36,056 28,993 63,049 56,112 200 316 227 309 196 448 Govemanco co8t8 Total Resource8 Expended 203 304 23 Not (outgolngvlncoming resources bofore tran8fers 23,324 2.029 25,353 9,709 Othor recognl8ed galnsl(108ses) Unrealised gainsl{losses) on Investment assets Net Movement In Funds 48,020 2,029 50,049 25,753 Reconclllation of funds: Total funds brought fopNard Totsl funds carried forward 921801 20 937 251 The notes on pages 12 - 18 form an integr81 part of these accounts. Page11
THE CONGREGATION OF YAHWEH Balanc8 Sheet as at 31 Docomber 2024 2024 2023 Note FIx8d A8set8 Intsngible Assets Tsngible Assets Investments 10 410.237 304.042 411,898 279,346 714,279 691,244 Current Assets Debtors Short Term Deposits C8sh at Bank and in hand 12 18.188 279,191 68 27,064 242,030 302,065 275,075 Creditors: amounts falling due within one year Net Current Assets 13 298 774 271760 Total a889ts le66 current Ilabllltles Funds: Unrestricted fund8 General funds Designated Funds 965,371 910.220 969,821 921,801 Ragtrlcted Funds Total Funds 15 Approved by the Board of Trustees on , and signed on its behalf by; Ja8mln Myle8-Wll8on, Secretary Roger Boden, Treasurer The notes on pages 12 - 18 form an integral part of these accounts. Page 12
THE CONGREGATION OF YAHWEH Notes to the Flnanclal Statomonts for the Year Ended 31 D•comber 2024 Accountlng Pollcl•8 The financial statements have been prepared under the historical cost convention. with the exception of investments which are included at market value, The financial statements h8ve been prepared in accordance with the Charities Act 2022, Statement of Recommended Practice ISORP). 'Accounting 8nd Reporting by Charities and applicable accounting standards. a) Branches which are non autonomous are included in the full accounts. Branches in England are regarded as autonomous and are considered to be connected charities. b) All voluntary income is accounted for gross when receivable, as long as it is capable cf financial measurement. This includes gifts in kind, included at estimated valuation. Trading income is included net of value added tax. c) Resources expended, including grants, are accounted for gross when payable. ReSoUrS expended includes costs of the activities and depreci8tion on related assets. Where Such costs relate to more than one functional cost category, they have been split on either an estimated time or floor space basis, as appropriate. d) Tangible fixed assets are included at cost or valuation, valuation being cost plus the estimated cost of improvements: there are no uncapitalised tangible fixed 888ets. e) Depreclatlon is provided to write off the c06t or valuation of all fixed assets over thelr expected useful lives. It 15 calculated at the following rates: Freehold land and buildings P18nt and machinery Fixtures and fittings Computers Website 20k per annum on cost 10- 20Yo per annum on cost 100/0 per annum on cost 20% per annum on cost Over a period of 3 years Investments are 8tated at market value 8t the balance 8h8et date. The Statement of Financial Activities includes the net gains and losses on revaluations and disposals throughout the year. g) All trading stocks are valued at the lower of cost and net reallsable value. All other stocks have been estimated at their net realisable value. h) Designated funds are funds set aside for specific purposes by the Trustees. Restricted funds are funds subject to specifi'c trusts declared by the donor or created through legal process. Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against resources expended as incurred. Page 13
THE CONGREGATION OF YAHWEH Notes Formlng Part of the Flnanclal Statemonts for the Year 8ndgd 31 Decomber 2024 2 Donauons and Glfts 2024 2023 Unrestrlctod Donations and gifts Tithes Events Income tax Cdits 15,416 184,388 4,791 12,501 130.041 5,843 205,174 165,333 Restrlcted Donatlons Donations and gifts 223 696 183 968 3 Trading Actlvltle8 2024 2023 Trading Income Printing 444 4 Investment Income 2024 2023 Interest Received S Grants and donatlon8 payable Grants and donations payable for the year ended 31 December 2024 were £22,480 (2023,. £22,189), The major grants and donations paid in the year were.. Grants to local churches in England to support their work Grants to missionary church in Kenya to support their work 19,780 2,700 Page 14
THE CONGREGATION OF YAHWEH Notss formlng part of the Flnancial Statemants for the Year Endod 31 December 2024 6 Analysis of Total Resources Expended Staff Costs Other direct Costs Other C£ts Total 2024 Total 2023 Publishing Ministerial Management and administration Governance costs 1,238 1,359 15,506 1,238 63,049 164,260 4,033 56,112 140,336 61.690 49.853 98,901 111543 853 230 297 7 Other Costs include: 2024 2023 Independent Examiner's remuneration Depreciation 8nd amortisation 1,750 2,100 8 Staff Costs 2024 2023 Wages and Salaries Social Security costs Pension costs 94,524 2,429 94 93,110 1,802 901 Average number of employees No employee was paid £60,000 per annum or above. The allocation of staff costs by department are analysed in note 8 above. 9 Intangible Flxed A668ts Web81le Cose 1 January 2024 Additions 10,055 31 Decemb&r 2024 055 Deprecialion At 1 January 2024 Charge for the year 10,055 31 December 2024 10 Nat Book Value 31 December 2024 31 December 2023 Page 15
THE CONGREGATION OF YAHWEH Notos Fomiing Part of the Flnanclal Statements for the Yaar Ended 31 December 2024 10 Tangible Flxed A68et8 Plant and Machlnery Fixtures and Flttlng8 Land and Buildings Total Co8t 1 January 2024 Additions Disposals 31 December 2024 19,689 74,515 16,442 549,728 643,932 16,442 549 728 660 374 Dopreciatlon 1 January 2024 Charge for the year Disposals 31 December 2024 8,623 2,597 70,366 4,511 153,045 10,995 232,034 18.103 250137 Not Book Value 31 Decomber 2024 08 385 688 410 237 31 December 2023 96 683 The trustees are of the opinion that the market value of the Land and Buildings is significantly higher than the carrying value. However, given most of these properties are churches, it is impractical to quantify the difference. 11 Fixed A88et Investm•nts Market value 1 January 2024 Additions 279,346 Disposal proceeds Net investment gainsl{losse8) 31 December 2024 24 All fixed asset investments, except £250 of silver coins, relate to investment trusts and unit trusts. The trustees are of the opinion that the valuation will have altered since the year end, as is expected with such investments which fluctuate daily. However, it is considered impractical to quantify the difference, 12 Debtors: amounts talllng due wlthin one year 2024 2023 Trade Debtors Other Debtors Prepayments and accrued income Loans 10 3,430 3,440 5,281 3,440 13 Credltor8: amounts falllng duo wlthln one year 2024 2023 other Creditors Accruals 1,541 1,215 Page 16 THE CONGREGATION OF YAHWEH
Notes Formlng Part of the Financlal Statements for tha Yoar Ended 31 December 2024 Net Current A88ets 14 Analysls of Not A869ts between Funds, Flxad As8ats Total Unrestrictgd Funds General funds D8signated Funds.. Legacy Fund Other designated funds 693.760 271,611 965,371 3,215 1,235 3,215 1,235 Restricted Funds International Development Fund The Building Fund ARK Food Bank Projects {via SGC) Other restricted funds 10,510 2,089 3,700 41 10,510 18.531 7,777 16,442 4,077 Total Fund8 298 774 1013053 The Legacy Fund consists of a legacy left to the charlty in the will of a longstanding member primarily (but not exclusively) to be used for professionally recording the Songs of the Congregation and getting them into the public domain. The Intsrnational Development Fund aims to provide financial support for those asked to visit churches or mission projects overseas., to provide resources and literature lo train members of likeminded overseas congregations; to supply bible8, food, water and medicine to countries currentty in fellowship with Coy UK. The Bulldlng Fund conBl8ts of donations towards the refurbishment of the Charlty's propertie8 on Carlton Road, Nottlngham. The ARK Food Bank Projects Fund consisls of a donation from one individual to be used for the Ark Food B8nk and Its projects. It has been kept separate in case that person wishes to see how the money has been used, IS Summary offund movements Fund balances as at q January 2024 Fund balances a8 at 31 Decembar 2024 Transfers and Galns I 11088e8) Incomlng resourc68 Outgolng resources Unr88trlcted Fund8 General funds Designated Funds.. Legacy Fund Other designated funds 910,220 214,959 {184,504) 24,696 965,371 5,453 6,128 38 12,574 (2,276) (17,467) 3,215 1,235 Restrictsd Fund6 International Development Fund The Building Fund ARK Food Bank Projects {via SGCI Other restricted funds 11,404 14,693 9.004 4,494 (9,898) (656) 10.510 18.531 11,490 14 616 2 255 651 (3,713) 7,777 Total Funds 963 24 1013053 Page 17 THE CONGREGATION OF YAHWEH
Notes Formlng Part of the Financlal Statements for the Year Ended 31 December 2024 16 Transactions with trust•es During the year to 31 December 2024 the trustees received expenses totalling £nil (2023.. £nill. 17 Uttlmate Controlling Party The charity is controlled by the trustees, Page 18