Registered number 267230 The Church of God World-wide Mission International (Pentecostal) Report and Accounts 31 March 2025
The Church of God World-wlde Mlsslon International IPonts¢o8tal} Report and accounts Contents Pago Charity Information Trustees report Independent auditor$' report Statement of financial a¢bvilps 10 Balance sheet 11 Cash flow slalemgnl 12 Not•s to the accounts 13 DetaId 8xpense5 19
The Church of God Worfd-wlde Mission Int•rnalloTral IPents¢ostal) Charity Infomallon Tru$te•s Rev. Dr. Joel Thomas Mrs. Una Jordan Rev. T. Ramsay Mrs. Mariori8 Jone>Popè Mr. Simon Watson Mr. Dawd J8mes Mr. Steve Jones Mr. Codfried Nyamekyeh S•¢rntary Mrs Beverfey Young Audltors Jacksons First Floor Ahion House Albion Street Hull HU13TE 8ankero Barday$ 8aThk UK PLC One Snowhil Snow Hill Queensway Bim)ingham B2 2XD Règlstergd offic• The Gbbe 12 Portman Road Reading RG30 1 EA Registered ¢harlty number 267230
Church of God World-wide MIs8lon Intsrnational {Pent0¢08tal) Trustees Report for the year ended 31 hlar¢h 2025 The Trustees present their report and flnanclal statements for the year ended 31 March 2025. The financbal ststements have been prepared in 8c¢ordance with the accountin9 pollc4es set OLrt in the nol&s to Ihe aco)unts and c4Jmply with the charWs governing document, the Charrknes Act 2011 and the Accounting and ReportiThJ by Charibes Ststement of Recommended Praetice applicable to Charitiès preparing their accounts In accordance with the Financial Reporting Standd applioab19 in the UK and Republic of Ireland published in October 2019. Genetal Infomiallon Church of God Worldwide Mi58ion {Englandl was registered as a charity on 27 September 1973 and renamed Church of God Wot1d Wide Misshjn Intemalional {Pentecoslall on 25 October 2006. The organisation is governed by the Rules and Conmitub'on in accordance wlh Ihe ArtKles of Faith dated the samo as its regislralion. Charity ragistralion number.. 267230 Address: The Globe 12 Portman Road Reading Berkshire RG30 1EA Truslees.. Rev. Dr. Joel M. Thomas Mr. Michel Marquis Mrs. Una Jordan Mr. Sl Clair Boyce Mrs. Thèresa Ramsay Mrs. Maryorie Jones-Pope Miss. Dawn Williams Mr. Simon Watson Mr. Dawd James (appointed on N0mber 20241 Mr. Steve Jones {appointed on November 20241 Mr. Godfvied Nyamekyeh (appointed on November 20241 IresKJned on November 20241 Iresvjned on Novemtrv 20241 (restgned on November 20241 R•cruitmgnt and oppolnlmènt of trustse5 Trustees are appointed al Ihe Annual General Meeting al the r8commendation of members of the chaiity. The Char also seeks lo identify those with the exp8rfenGo ond calling lo be¢ome trustees. All Iruslees were 8ppoinled by the voting of all wr Chur¢h volunt88r5 and approved by our Senior Paslor. Th$re wera thrèè relirinq trusl8os and three nw recuits.in the pericd.
Church of God World-wlde Mlsslon Inl¢rnatlonal (Pentgcostal) TTU$tee$ Roport for the year ended 31 March 2025 Public Benefit In planning our activities this year we worked in ac¢ordance with the Charity Commission guidance on public benerrt. We exist lo serve all areas of our community which indudes all 898 groups wilhoul discrominatlon and is wthout the dislinclK)n of sax, political or religi¢us belièfs. We strNe lo promote soclal welfare and cohesion through the provision of pastoral $rvices and cultUf81 event$ so impro1n9 the social and physical wellbeing of the local community. Mlsslon and Vi8ion Our main objective as a Gharity is 10 8dvan¢e the Christian religion 8nd promote the gosp91, Another key objective is lo be a positive pillar in the Communiti in which our churthe$ are located. We aim to po$ilively impact our comfflunttigs and make an effecllve ¢hangg where the opportunty 9ives us space lo do so. Oryanlsatlon Tho board of Trt08s IS Tespcmsiblo for the Charit15 compliance. Th¢y ensure Church of God Worfd WKle Mission have plans and str3tagi8s in place to fulfil all aims and objectives sel. Thè rnanag8m8nt of the ChaTty is overseen by 1 fijll-time Leader. a part-lime YOntsry Admini5tralor, and the ExècutNe Board. This board is made up of a carefulty selected group of Senior Leadèrs from each Branch. All WTth a variety of skills and experience which are used co1ctiVelY to ensure the charty Is funth'oning and operating al thtr highast standards possible in all area5. The Trustees, axecutsve Boaid and Administrator aim lo meet quart$r1y (Diary dependènt). The Board will rlleel outsidg of these timas rf any uigenl matters arise or there a any changes to cir¢umstsn¢¢$. There is a total of fNg Chwch8s that are active and working within the remits of the Constitution in th¢ United lQngdom. Reading. Fulham, Dufwch, Easlboume and B8sing$toke. During Ihis rertIng period our AesbUry branch has been dissolved. After much discussion the TrustS and Board Members made this decision. Due lo a changè in Ihe circumslan¢e8 Qf th8 branch's leadership. high rent costs, I rnembership numbers and still suffefing the effects of the Global Pandemic. whi thi5 branch h8$ been closed if Iheie was a ¢hangg of circum5twtces which would result in the lo(8lion being fruitful again, this will bg reviewed by the Board. In line wth our aiffls, missSon and objectives there is represenlion of the Ch811ty in sèveral countries. Barbados. Sl Vincent and The Grenadines, Jamaica. Nigeria, Sierra L80ne, Marbnique. Guyana, Grenada and St Lucia. These locations are compliant with regLtlations sel out by the law of each country regarding faith and charities. The loeAI Bishop's manage the daity running of the blanche5 in thair countries assisted by Senior Leaders and Adfftinislralors. There are regular meetings With the International Lèaders and the UK Chair of the Board. Every other year there is f#ce-t(fat Intemational Executive Board meeting held in England. Hare the Local and Intemational Leaders meet lo ensure effective running collèctively and where we can improve and assist each other. Flnan¢l•l Revlew The Charity incurred a defictt of -£28,112 for th$ financial year. Al 31 Mar¢h 2025. the Charity h81d £3,255,232 in unreslricteil fund$.
Church of God World-wlde Mlssion Intsrnallonal IP•Dteco8tal} Trustees Roport for the year ended 31 March 2025 Re5erve• poll¢y Resems are needed to bridge the gap between the spendlng and receiving of income and lo covèr unplanned emergency repairs and other expendtture. The trustges regularly review the level of reserves they considei nacessary lo enable the charty lo opgrate for the foreseeable future. Available Re5eNes, whlch are Ihe the unreslrf¢tgd lunds1os$ amounts tied up in frxed assets nel of loans amounleil to £187.624. Progr•ss Rgvlew Church of God Worfd WHle MSssK)n InteTnalional, regulaty revSews and improves whar8 necessary all aspects of its rnanagement and operational structure. Ensuring we meet all our key aims and objectives whilst atways ensuring Compliance, in line with Ihe Charrty Commission. By doing this we ensure the smooth and effe¢tiVo running of the Charity. We are rrenIty operating 3 purthased Chufch buildings in the UK. Th8se buildings are being used for weekly Worship, Biblg Studies, Praygr Meelings 8nd YoLth Groups. As well as Worship PUTposes these buihlings are b*ng used for communty betterment and outreach. With actiVThes such as senior day groups. soup kitchens, food banks. tea and coffee momings and cornmunfLy fun days. Branches Ihat do not worship in a purchasèd building continue lo operate from rented premises. One of our objectives for the nexl reporting year is to plan and prepare a long-term slTale9y which will see all our Branches purchased properties. This will enable us lo provtrde more support for our I1 communities in more locations across the UK. This was the main agenda ilem of our AGM and members p(rt forward ideas that we can look at moving forward to make Ihis a successful aim. We have contlnued to use lechnolDgy lo broaden OUT member base and reach those less able to attend one of our physical lo¢ations. Media such as Zoom, Facebook, YouTube ¥re used for most gJnday and mi(kweok $eNces to ensurè we can rneet the needs of our Members and communrty. Our 3 main events for the year were.. 214ay Prayer and Fasting in January We used this time to plan, prepare and alvjn together for the Calendar year ahèad. At the end of the 21 days, we had a CeletrKation Seryice whorfj all Branches mel. National conventlon July 2024 This was held in i)ur Eastbourne bran¢h where thè Therne was 'Greater Manrfestalion,. Here we mei for 3 nights of Worship SeNces aNI day lime Seminars lo equip and rechary8 the members. There were separate Seminars and Workshops for the under 18,$. This was an awesome event uplrfting all that attended. National Day of Fasting 2 This is an Annual Meeting where we meet for a day of Fasting and Prayer, we u this time to pray together for the things wg gre believing God lor our Charity. We 81so use this time lo pray fcf praytrr raquests frorn members and online family that join us by media out15. The Charity has a wide age range of mernbets with different nS and abilitiès. The membership of the Charity is continuing lo gr¢yw with members of all ages and cultu8.
Church of God World-wlde Mlsslon Intomational IPentaco8tal Trusteos Report for the year ended 31 March 2025 As an Charity based on Mission, thero arè teams in each branch that carry out Missionary work in Iheir local area. Ranging from hospital and hom& visits for the sick and housebound. The teams aim tr) assist in matters physical and spiritual dependent on need. As peop have become comfortable again w(Ih social iler81ion after the Pandemic, wè are $ing a rise in members and the community taking up the use of these seNi¢ès. Some members are still not comfortabl VAlh social intertIOn hcwever we taikr the level of care to COMmodate this. AN branch8s have 1XtInUed to carry oul Funerals, 8aptlsms, Christenings and Vveddings. With high numbèr of mambers being elder Iherg have Ltrn many funerals which havo been a drfficult time for the Charity. The Charity continuas to be seif-sufficienl in an areas and conthnues to support lo¢al ¢ommunity and Churches when deemed appropriat¢ by the Board. As Wit other years Ihgre has been grth in m*mbgrship and affiliat interest. Regi$l•red nterèsts ar8 prgsenled to the &¥ecutNe Board for formal proces5 and agreement. This ènsures all are allgrd wtth the mission stslement aThJ Core Values of the Charity. Th8 Trusl88's Board has had a reshuffle this reporting year. 3 members have been replaced due to heallh and age•rel8led rgasons. This decision was rnade and 3 nw trustees appointed as deaded by the Board. The new addibons have a varied skill sèt to ensure we have qualifi8d and skilled members in different areas. Thfj Board continues to operate wth members with representation from each branch. The ExecutNe Board rneets regul8dy lo discuss any Changes and ned$ thè Charrty may have. The Charity has contin to raceive donations Ihoughoul this reporting year. These have been given to individual Churches for drfferent purposes. This is received in the form of tithes. offering. donations to departments and groups, for the use of Christian woik, relief and C(munity purposes for rnatters thè Executive Board consider lo be in keepin9 wf(h those of the Chur¢h. The Charlly has worked hard to •n$ure training for ne¢essary Indlwduals has been carried OUL The trairhing focus for this reporting year was GDPR Comph'ance, Heath and Safety and Safegualing. Vvrth the steady growth of the Charty and the ankn'cipalioll foi conlinu9d membership growth. All branches a reaching out inl0 drfferent training to be able to assisl complex needs that may arise in our local churches and communithes. There is no largel dale for this as training 15 ongoing and will be monitored regul8rly by representatibts from each branch. The Trustee8 are ie8ponsible for ka8ping proper a¢¢ounling iecord$ which discbse, with reasonable aU[acY, the financial position of the Charity. Which enables thern to ¢ontinu8 to Share and demonslrale God's love and ascgrtain Ihe financial position (If th8 Charity and continue to Smpacl and seNe the Communtyleffect social ¢h8nges. Thay aré also reSnsIble for Safeguardlng Ihe assets of the Charity and taking reasonable steps for the prevention and detection of fraud and other irT8gularities. Tn1. r•8ponslbiliti Law applicable lo charities in England and Wales wuires ihe Trustees to prepa financial statements for each year, whth gives a Iwuè and fair view of the charitys financial activities during the period and of 11$ finanttial position at the end of the year. In preparing financial statements ging a true and fair V¥, the twstees should follow best practice and.. sèlèct suitable accounting policAes and then appty them consi5tentty', observe the methods and principles in the Charities SORP make judgment and estimates that are reasonable and prudent., and
Church of God World-wide Ml8slon Intsrnational IP•nt¢co¥tsll Trustees Report foi the year gnded 31 March 2025 slate whether appIable UK Accounting Standards h8ve been fc4bwed subject lo any material departures disclosed and explalned in the financial statements prepare the financial slalements on the going concem basis unkns it is Irw)propriale to assume that the charity will eontinue in business. The Tru51ees are responsib foi: keeping adequate accounting recoTds that are sufficient to show gnd explain Ihe ¢harills transactions and disclose with reasonablè 8eeuracy al any time the financial position of the charity and enable them to ensure th* thg financial statements ¢omply with the Charrfies Act. They are also responsible for $afeguarding the as8e15 of th¢ Charty and hgn¢e for lakiig r9asonable $tsps lor Ihe prevention and delectitsn of fraud and other irrngulartlies. Rev. Dr. Joel M. Thomas, TH.D., D. D, D. Min Chairman of Trustees 10 December 2025
Church of God World-lhllde Misslon Intsrn•tional IP•nte¢ostall Independent audftoTr' report to the of Church of God Worl¢kWldg M1s5kn Int•rnatlonal IP•ntscostall Oplnlon We have auded the fin8n¢l81 slatfrments of Church of God World-WKle klbsron Intomational IPentecostaD for the year endud 31 M8rch 2025 which comprise the SlatemBnl of Financial Acaivrties, tho Stater1 of Financial P0SOn, the Statement ot Cash Fl¢ws and notes to the financial stalemerts, induding a summ8ry of signfficant accounting poliue$. The financi81 i•porting framework that has be•n applEd in their PTepar81iDn ts applicsble law ¥Thd United Klngdom Ac£ounting Stand8rfs, including FRS 102 The Financial Repor"ng Stsndard applicable in the UK and th¢ Republic of Ireland, (United Kingdom G•n•r4ty Atr£pted Accounting Practice). report 15 made sokly to th¢ Gharws tru$tsg$, as a body, in accordance with Part 4 of the Charithry$ IAGwuntS 8nd Report81 Regulations 2008. Our audit work has beeTh undertaken so Ihal we might state to the chaii18bte Chartys trusiee5 Iho$e matters we are requlod tts $t•t¢ to them In an audi¢orfs report and for no DlhEr putpo. To the fvlknl •xt•nf perrnitied by law, we do not accept or 8&sun responsibilty lo anyone other than the tharty and thè tarW$ tru$t¢e$ 0$ o boty, for our work, fcf IhY6 ptyr( or fortho ownions we have fornd. In ouropink)n the ffnanoal &tat8m6nts'. 8 tm8 and fair ¥Aew of Ih? stste of thè affalrs as at 31 Mch 2025 arvj of its In¢Ing re80urce5 applicatvjn of resovK$ for the ar then ended,. have been Proper prepared in accor(14n¢e wtth United Kinorn Genoraly Atteptsd Accounting Pra¢¢e', and have been prepared in accordanct with the requirements of the CharitN?s Act 2011. B1¥ of opinron We tonducted our audit in accordance with Inltm¥tiono1 Standards on Audthng IUKI IISAS IUKII and aPplbb2 I. Our responsibrtIeS under Ih¢se standards ar• further descrlbed in the Audito¢$ responsibl85 lor the audit ol the financial stateThEnls seclon of our r8poTL We ave independent of the company in acGordano wfth the alhKal requirements that are vant to our 8udrt of Ihe financial statements in the UK, incjuding the FRC $ Ethical Standard. and wa have fuIKd our other •thKal r8sp0Th5ibilthe5 in acMrdance wrth thes6 rnqvlrertS. We belve Ihat the audit evidence we have ¢bt8in8d is SUffiCnI and appmDriate to provJe 8 basfor ouroDinh)n. Condush)n8 relatlng to going conGern In auditing the finanrial 6ts16monts, wo have ¢onclud8d that the truste85' Us0 of Ihe going tMcèrn basys of a¢£)unb"ng in Ihe ppatrOn of the financial slalements Is appropriate. Ba8ed on the wotk we have perfotmed. we have not Ident¢d ary materlal uncÉrtalnties relating to events or condilions that. individually or coN8Cti¥ely, may cast swnfficant doubt Qn the enltys abilty to continuE as a golrng concern tor a ppricKI of al180s¢ vleve rrp)nth$ ftom when thg finanaal statements Af• authowd for issu8. Our rosp0bIlitS and tha rèsponsibilities of tha trustees with respecl lo Ihe going conc8m awe descrbed Sn Ihe r9knvantaectns of Ihe report. O¢hér Snfornlotlon Thg tru$l¢¢s are wnsible for the other Infor[rtiOn. The other Informallon cornprws Iho infor7Tknn Inchjded in Iht truslee$' annual report other Ihan th& financial stal8ments and our audilorfs rtport th8raon. Our opinion on the finan¢lal statements dD95 not co¥erthe other 1nfornat?n an¢J we do ntsl expre69 any forn) of assurance Conclusi Ihèrton. In connecbon wrth our 8udit of the finanual statements, our respon$ibty is lo ad the other informth.on and. in doing $0. consTder whether the other irtformai)n 1$ matsrialty inconsBtent with the finant¥Jl $tstem¢nts oi our knedge obt8kned in th8 audit or othew8e appears to be maierialty mL88tated. tf we idenbfy such rnateri81 In¢onsistsnues or appaffjnt material mi$stat¢ments, ar¢ requlied to delermlne whother the 1$ a mrKql misslatsment in the financBI statements or 8 material misstatement of the other information. If. based on the work we hav¢ perfortlpd, w8 Condje thit there is a material misstat8menl of this other Inforrnatn, we qUi lo report that fact. We have nothing lo wport in this reg8rd.
ChUh of God World-WldÈ Ml•sion Int•matlonal IP•nt•COStall Independent auditors. report to the memhrs of Church of God WoFI&Wdo Mlsslon Intsrn•tional IteCDSlTr Matters on whl¢h w• ar• Mguir•d to r•port by ex¢eptli)n We have nothing lo report in respe of thè followin9 fTwtters relation to whKh the Charities (Accounts and Reportsl Regulabon$ 2008 Nuiros to reportto you ff, in our opiniDn'. Ihe information 9T in the finanual StateentS i% incon5iStent any matedal res(with the trustees port.. or thg finan¢ial $tatemenls are not in agreemenlwilh the accounting rdS ond retum$.' or suffidenta¢¢ountin9 w¢ord8 have not been kept.. or wa hav• not rec•wed an the infoThation and explanations we repuire for wraudll. Ro$pon•lblllths of trust¢•8 As explained more fulEy in th¢ trustÈe$' responsibil8¥ $tslenwn( the trustees are r05ponsil>Je ffjr Ihe pr8paTrtion of the fmanaal staleThnts and for being 5atisfRd that they give a true and lair vlew, and for such intem81 control as the dire¢tors dt¢nrino is necessary lo enabk Ihe Pparation of financial ststsrnents Ihat are fw tr¢m mat•rial misststemenl, whether due to fraud ety¢r. In preparing the financial siataments, the tru¥tees are responsib fvr $$ses$ing the alty to ¢onUnu6 as a grj n¢erN. di$doslng, as applicab, matters related to going concem and uying the going eoncem basis of accounting unless the tru8te88 either int9nd to IiquKlate the charity Drto ceo$¢ oper•bon$, oi have no rgalistic ahomati butto do $0. Alit08 responsibililtes fortht audit of thellnan¢l•l $tthm•n We have been appointed as auditor under seclp)n 144 of Ihe Chorftie$ A¢t 2017 and repr)rt in accordanrwith regulatlons mode undersecbon 154 of that ACL Our objectwJ are to obtain reason#bk assur8n¢e about whether thg flnanclal statements as a whole a freg from material mi$$tatement, whether due to fraud or errol, and to issue an auditorfs r8POrt th31 inthdes our (4)Inion. Re88Mable 8$surance Is a hyh level of assuran¢8. but i8 n¢t a guarantee that an audit conduct8d in accordance with ISAY (UK) lll aKvays d¢tsct a rnalerial misstatement when il •x15t5. Misslatorronts can arise from fraud or error 8re nSidered material if. knOi¥idualty or th8 Oggregate, thgy Uj 1anablY b8 8XP8Cted to influ8nc8 the economic deci5ion$ of taken on Ihe basva of th888 hwn¢Aal 5ts1ement5. r•gulariti8s, iThcluding fraud, are instances of ngnrnpI1an laws wul81ion8. We de5HJn pror£dures i) Ilne with our responsibilities, oudined above, to detect maleii81 misstaternents in resp¢a of Irregular$S, inCding fraud. The ethni lo whk our procedures are Gapobk of det¢¢liny btregularitles, induding fraud is detaid below.. As part ofthe planning proces5'. W¢ nquir¢d of tho twst¥es th• ntrol$ the d)arty has in p18ce, Ihe areas of the finanryal $tal&ments that are susceptibto the risk of fraud or irregularit3 and whelherthere has been any known, suspe¢ted or alkged fraud. We obtalnel 8n understsndlng of th¢ leg818nd r8gulatoryfrarn•wort appk4btQ tho chafity. W• ConsOr0d tha in¢•nM$ and •PPCrtunlt6s Ihot et1th1n the charfty for manag8m8nl bias to ovrride any control8. Uslng ourknowledga of the charty, tegelhar wrth dicussion8 helj al Ihe planning Sta9e. we formed a condu8vJn on the ri¥k of tteMentS duB to irregularities.
Church of God World-wide Mission Int¢mation•l (Pentecostall Independ•nt audTtors' roport to th• Thmb•rs ol Church ol God WOrfd.vfe Ml•8knn Intsrnatlonal IP•nte¢ostsll The key pmeedures we undertook to det8ct irregulari9 including fraud durin9 the ¢ourso of the audit includEd.. nbfying an¢ t¢sts"ng Ihe journal entr8 and thé overall a¢OI1n9 record$. In particular any9nffj¢ont or unusual Revthvn)g the financKI18t8temonts dr8dosures and detemiinln9 wh¢lh•r accounting poIlES ha¥e beèn appropriatety app.8d. Revwlng and ¢halknnging the assurrptions and judg8m•nts ug•d by the trustses In their sIgnffnt acuunting estwnatés. AssessiThg th? ext¢nlof wnplianca, or lad( of, wlh the rekvant L8w8 and reguhbon$. Tests'ThJ key intome stream$. Perffjn9 verifKatson of key 0880ts. Obtainir¥J th¥d party cOnfin•tn of rnatertal baLinces. S¢ruthing a¢untIng r¢¢ord$ lor L8(ad PatybanCA•S nd transa¢tion$. Rev¢ewiry trustee bD•rd rymnutes. Cwing to Ihe brthent Ilmitslion$ of 8n audit there is 8n un8void8blp rtsk that we may not havè dete¢tsd some materfal misstateThnts in th• finanoal stat•mnts even though we have propety pkynnBd and perfornO our audit in 8ccordance with ihe auditing standards. The primary responslbllty forlhB prevpDtion dets¢"on of fraud rests with t trusts$. A lurtherdescription af our re8ponsbililies for the audit of the finane4al stglements is ljcaled on the Fin#nu81 Repol¥d ¢ouncl'¥ web8ile atThW.frc.oty.uk14uditorsponsIbIIe9. This descrfption form$ partol¢ur auditors reporL Jath8on$ 1$ glyible for appolnknent as au¢JiloTof th• chartyty virtue byvlrtue of hs elgl>ifty for aFyokntrn¢nta8 audor ol ¢ompany under se¢tKin 1212 of the Companies Act 20a6. Math Jackson &4 FCA {Senr StalutoryAu¢JWrl for and on b8haWof Jacksons Accountants and StalutoryAuditors 10 Oeorythr2025 Fitst Floor Ajbion House bion Street HU13TE
The Church of God World-Wld• Mlssion Internatitinal IPontecostal statement of financial activities for the year endèd 31 March 2025 2025 21124 Income and ondowments from: Gift aid Tithés and offerings Rent Interest reCed Totsl In¢omlng resource8 ExPendUre on: Direct expenses Employ$e ¢osl$ Premises costs General adrninislrative exp8nses Legal and profèssional costs Interest payable 61,028 488,416 61,032 501 610.977 52.704 446.828 63,982 564,179 55.969 145,371 66.192 213.080 15.684 142,793 51.624 155,211 97,443 80.176 11.173 148,560 Total pendItur? 639.089 544,187 N•t In¢om•llexpgndltur•} (26.1121 19,992 Tot41 fund$ brought lorwanl 3,283,344 3,263,352 Total funds carrled forward 3,255 232 3.283.344 10
The Church of God WoAd-Wide Mi$$ion Intsrnalional IPonte¢ostal) Balan¢e Sheet as at 31 Mar¢h 2025 Notss 202S 2024 Fixed •Its Tangiblè assets S.C¥)9,044 5,014,666 Current ass•ts Debtors Cash al bank and in hand 10 37,359 282,682 320,041 85,475 265,447 330,922 Cr•ditorn: amounts falling due wlthln one year 11 (229,695) {149,7531 Net curr•nt 4$$ots 90,346 181,189 Totsl assets less current liabilities 5,099.39) 5,195.835 Cr•ditorn- amoub)ts falling due aftor morn than one yur 12 1,844,158} 11.912.491) N•t ass•ts 3.255.232 3.283.344 C•pltal and reserves Unreslricted funds 14 3,255.232 3,283,344 Totsl charfty lunds 3,255.232 3,283,344 Approved by the board on 10 December 2025 d signed on their beh If by. Reverend Joel Thomas Chairman
The Church of God World-Wld8 M1881on Intsrnational (Pentecostal Cash Flow Staloment for tho year ended 31 March 2025 2025 2024 Cash g¢n•r¥t•d from operations Not Incorne Reconciliation lo cash generated from operations.. DepiecialK)n and {profitlfloss on sale of ftxed assets De¢roas•llincrease) in debtors IrTease in creditors (28.112) 19,992 5.622 28,116 28,fj45 34,271 5.687 (16,313) 75,442 84,808 Cash generated of financlng acllvltles Repayment of amounts borrowed 110,702) 110.702> 176.109) 176.109) Cash generated from In¥tIng activiti¢$ Purchastr of tangible fixed a55els Pro¢8@ds from salè of tangible fixéd asse15 11,600) {1,800) Not increase in ca8h Cash al bank and in hand less overdrafts at 1 April Cash at bank and In h•nd less overdrafts at 31 Mar¢h 23,569 259.113 262,682 7,099 252,014 259,113 Consisting of: Cash at bank and in hand Overdrafts 282,682 265,447 16.3341 259.113 282.682 Chang•s in net debt Secured loans Bioughl fOard Rèpayments Carried forward 1,952,138 10,702 1.941,436 2.1Y28,247 6,109 1,952,138 12
Th• Church of God World-wlde M188lon Internallonal (P•nts¢¢$tall Nthes to the AGGounts for the year ended 31 March 2025 l A¢¢ountlng poIici•s The winapal accounling policigs adopted, judgements anil key sources of e8thmgtion uncertalnty in thè preparation of th¥ financial staternenls are as follows. Basis olprwrntlon The finala1 ststements have been pfepared in acojrdance with the Stalernenl of Recommended Practice.. Accounting and Reporting by Charities pieparing their accounts in accordance wilh the Financial ReportNig Standard applicable in the UK and Republic ol Ireland IFRS1021 issued in Octobet 2019 and the FinarKial Reporting Standard applicable in the United Kingdom and Republi¢ of Ireland (FRS1021 awjd the Charities A¢t 2011 and UK GenerallyAccepted Practice. The acccJnts (financial stslemenls) have bèèn pr8pared lo give a Irue and fairf view and have departed from the Charities IAccounls and Reports) Regulations 2008 onty to th8 extent required lo ptovid8 a'lrue and fair wew,. This departure has Involved following Accounting and Reporling by Charities preparing their accoLnts in 8ccordance with the FinanrAal Reporting Standard applicable in the UK aNI R8public of Ireland IFRS 1021 issued in October 2019 rather than the Accounting And Reporting by Charities.. Ststement of Rècommended Practice effective from 1 April 2005 which has slnce been withdrawn. These financial statements show the results and activitses of Ihe Reading . Fulham. E85tbourne arKI Inlernalion81 ¢hurch8S. Income Rents, Gift aid, Othèr income and interest receNied are accounted for on an accrua15 basis. Tithes and offerings are accounted for when received. unless COnd.0nS for re¢eipt justify earlier recognition. E¥pendlture Costs are 8¢¢ounled for on an accruals basis. Costs ofg8nerating fvnds Comprise the costs assocmted with altracling vduntary ineome. Charitable ¢xp&ndrture compiises of th0 costs incurred by the ¢harty in the dellverance of its activities and 5ervice5 for the benèficiaries. 11 includes both costs that can be allocated directty to such actNities and t9$0 costs of an indirect n8tufe necessary to Support them. Governanc8 costs indude those costs associated wtth meeting the constitutional and stalulory requirements of the chariiy and include audit lees and Costs linked to the strategic management of th¢ ¢harity. I costs ar8 allocated betMffj8n the expenditure categories of the Statement of Financial Aclfvlllg$ on a basis designed to reflect the use of the resource. Cos15 rg181ing to a particular activity are allocated directly, others are apportied on an appropriate basis. Fund &eeounting Unrestri¢ted funds are available to spend on actiwil6 Ihatfurther any of thè purposes of charrty. l fvnds are unrestrfcied. 13
Th• Church of God World-wlde M186lon Internatlonal {P•ntOCOStal) Notss to the Accounts for the year ended 31 March 2025 Golng ¢ono•rn The accounts have been prepared using the going cctncem basis whKh a59ume$ the Charity wll onlinue in operational èxislence for the foreseaable future. The Charity mad8 a deficAI for the year of £28,112 and al thè year 8nd had unréstricted funds of £3,255,232. Projects"ons prepared by the Charity for the next tseve months Sh a surplus. Howgver, the klan wlh Barclays Bank PLC fell duè for repayment in Novembèr 2024. and thls rrenlly amounts to £1.9 million. In December 2024, the bank agreed to extend the fa¢ilty for a furtherlwefve months. This faciltywill be at 2.5% over base. wlh monthty repayments of £17,494. Over the next twelve months. therefo. the Charity has lo seek new loan faciliti.es lo replace the Bardays 88nk loan when the facllty onds. Should new f8rAlib¢s not be arranged, the Charty would be fNcèd to sell Charity properties to enable repayment of the facilty, The book value of th8 freehold prop0ert¥ is £4.975 rnillK)n. though a forced sale would ba likèly lo occur at 8 discount to full value, the Charity consvjers the currenl book valuès to be conservats"ve. The Trustees expe¢t that allernative loan fa¢ll"eS wll be available. and consider that the goirvJ concem piinciple should be applie(l. Depreciation Depreaation has beèn provided at the follown9 rates in order lo wtile off the assets over Iheir estimated useful livès. Plant and machinery Motor vehiclgs over 15 yegrs slraighl line over 15 years slraighl lin8 T#xtion Th8 ¢haiity has received exemption under section 505 of Ihe Income and COrporatn Taxes Act 1988. Fxeeholdproperty Freehold Property is $hown al cost. Freehokl buildings are deprÈciatad over their eth"md usefL Ir¥es to their residual value, but a5 their rtshlual value equates to cost there Os no charge. Financialln$truments The company has financial assets and financial liabilities of a kind that qualfy as ba$1¢ financial instruments. Basic financial instrurnenls are Ini118lly recognised al transaction value and subsequendy measured at Iheir settlement value with the exption of bank loans whith are sut>sequenUy measured al amortis¢d cost using the effe¢lN• interest method. Debtors Debtors are recorded al transacb'on value, vnless there is some doubl as to their rer*very. then they are reduced lo their recoverablè amtsunl. 14
The Church of God World-wlde Mlsslon International (Pentscostall Notes to tho Accounts for the year ended 31 March 2025 Li•bllFtI•s Liabilities are inrtially recorded al their transaction value and 5ub$equonty measurÈd at r settlemenl value. 2 Crlll¢al a¢¢ountlng estlmates and judgom9nts The preparation of financial ststgments requires the us of certain ath)un1ing estimates. 11 also requires the Twusle&s to exercise judgement in applying the Charitys accounting pdiiyes. The areas requirin9 a higher degree of judgèment, or complexity, areas where 8$sumptions or estimates are most signfficanl lo the financial ststements. are disclosed below. lrnpa1mnt ofand valudlion offr&ehddpmpgrty The Trustees review thè value of buildings on an annual basis, and make sure that all repairs and maintenancè have been completed, lo check there has been no impaiTfflenL 3 Constitutlon The Chur¢h of God Worfthide Mission Intemational {Penle¢ostslJ 1$ a tharity regisl8r¢d in England and Wales, number 267230, and wa5 forrned under the ArbcS of Faith dated on 27 S8Pternber 1973. 11 is a public benefit entity. The regi$tÈred address is per the trustees report. 4 Net in¢omell•xp•nditurel 2025 2024 This is slated aftgr chargintylcredilingl: AudiiorB' remunefatiCn 4.800 4.2 6 Govomanc• ¢o$ts 2025 2024 Salaries and allowances Molor expenses Premises costs Offi¢e overheads Insurance Accountary fees Audit fees Bank Charges Olhet pxpgnse$ D8preciation 133,564 11,807 63,067 25,608 28,781 6,573 4,800 3,321 7,204 5,622 2W,347 136,625 18,S86 87,062 8.072 32,266 5.218 4.200 3.677 8.409 5,687 307 802 15
Thfr Church of God Worfd-wido Mission Intsrnalional {Pont•costal} Notes to the A¢counts lortho year endod 31 Mar¢h 2025 6 Interest payabl• 2025 2024 Interest payable 142 793 148,560 7 Salarles and allowances 2025 2024 Salar*$ and wages Social securty costs Pension 131,280 1,295 989 134,885 946 133,564 136,625 The averag• number employed by the Charity in Ihe year was 412024- 4). 8 Tru¥teès remvnerntlon and expense8 and r•lgtsd party nsa¢ll0n$ The Reverend Joel Thomas has served as a pastor lo thg Church since 1994. His total remuneration for the year was £63,344 12024- £63.342}. Thg authority for this was the ch8ritl$ goveininy document and the trustees. In additp)n, expenses inCurd of £1,390 were 1MbUrSed in thg yegr. and an Honorarium of £700 was received. Pastor T Ramsay received a salary of £22,500 in the yèBr { 2024 - £22,500). In addilMJn, expen50 8in¢urred of £810 were reirnbureB in the year. At the year end £25,529 12024 - £23,864) was due from Community Mbsslon Project, a related organisalion. This loan is interest free. £1.665 was adced In the year. Reni of £1.000 was rfj¢8ived from Ihi5 Organisati in thè year. Full prowslon has been made against this amount. 9 Tanglbl• fix•(J •8$•ts Frnohold propèrty Plant and machinery Mi>tor vèhlcleg Totsl Cost At 1 April 2024 At 31 March 2025 4,975.425 4,975.425 130,807 130.807 63,469 63,469 5,169.701 5.169,701 Dèprèciation At 1 April 2024 Charge for the year At 31 March 2025 105.426 4.290 109.716 49,809 1,332 50.941 155.035 5.622 Net book valug Al 31 March 2025 4,975,42S 21,091 12.528 Al 31 Mar¢h 2024 4,975.425 25.381 5,014.666 16
Tho chh of God World-wide Mission Intsrnatlonal {Pentecostal) Notes to the Accounts for the year ended 31 March 2025 10 Debtors 2025 2024 Gift aid Communty Project other debtors 20,672 20,257 23,864 21,354 65,475 16,687 37,359 11 Creditors.. amounts falling du• wlthln on• year 2025 Z014 Bank loans and overdrafts Other tsxes and social security costs Other credilors 97,278 7,281 125,138 229,695 45,981 1,255 102,517 149,753 12 CTeditor4.' amounts lallÉng du• aft•r on• ye*r 2025 2024 Bank loans 1.844.158 1,912,491 13 Loans 2025 2024 Creditor5 in¢lude'. Secured bank loans 1.941.436 1,952.138 The loan is secured on the freehold propety of thg chatty. Interest 18 Charged al 2.51A ovér the base rate during the year. The loan facility fell due for repayinent in November 2024. however, the bank has agreed lo exiend the farAlty for a further fve months, from December 2025. 14 Unrgstrictsd funds 2025 Al 1 April 2024 Ngt movgm9nt in fvnd 3,283.344 (28,1121 At 31 March 2025 3 255 232 17
Tho ChurGh of G¢xl Worfd-wldg MI10n Inlernational IPènt•CO8tal) Notes to the Accounts for the y•ar ended 31 March 2025 1S Individual Chur¢h•s Thg indimdual thurches in fvll confte¢tlon wlth 8nd using the same registered d)8rity number as the Church of God Worldwide Mission afe Dulwth High WYrnb8 The above bodigs prepara ih8ir own accounts. The accounts of ihese Chuiches are not material lo the re5uts of the Charty and have never been induded in the ¢haritls ffinancial statements. 16 Volunteers Variou3 people volunteer lo ¥ssisl in all aspects of the charities woth. Thgy g$8i$t the church's leaders *Mlh the maintenance ol Ihe church's a8881s and Ihg daity running of the churth. 17 Presentation Currnn¢y The a)unIS are pres•nt8d in Pounds Sterling, the lunclional curr&ncy of the charity. 18
The Chur¢h of God World-wlde M188lon Intsrnational (Pentecostal) Detalled expen8es forthe ye•r ended 31 March 2025 2025 2024 Oir•ct •xp•nses Ilinislry c0515 Sound gngineor Other direct costs 54,039 1,100 830 50,017 1,607 51.824 55,969 Admlnlstratlve expens Employee costs.. Wages and salaries Motor and travel 133,$64 11,807 145.371 136.625 18,586 155,211 Premi$e$ LuI¥'. Service charges Rates, light and h901 Gleaning 1.200 61,867 3,125 3,600 83,462 10,381 97,443 Genaral administraliv8 expenses.. Telephone and fax Stationery and wint*lg Bank charges Insurance Equipment hire Sofware Repairs and rnainlenance Depwiation Bad debts Sundry expenses 4,012 1,946 3,321 28,781 19.650 519 116,496 5,622 25,529 7.204 21 2,484 3,677 32,266 5,507 380 23.685 5,687 6,409 80,176 Legal and professional costs: Audit fèes Accounlancy fees SolKitors fees 4.800 6.573 4,311 15.684 4.200 5,218 1,755 11,173 440.327 344,003 19