Charity Registration No. 284857
Company Registration No. 327218 IEngland and Wales}
DAILY PRAYER UNION CHARITABLE TRUST LIMITED
UNAUDITED TRUSTEES, ANNUAL REPORT AND
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mrs N M Coombs
Mrs C M Heath-whyte
The Revd R J Porter
Mr G A Rawlinson
The Revd S L Smallwood
Dr J SLJdell
Rev Dr N J C Tucker
Mrs S Walter
Secretary
rs A Putt
Charlty number
284857
Company number
327218
Règistèred Office
The Vicarage
Church Lane
Burford
OX18 4SD
Indepèndènt Examiner
TaxAssist Accounlanls
97 Hewlett Road
Cheltenham
GL52 6BB
Bankers
National Weslminster
59 station Road
New Milton
Hampshire
BH25 6JA

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
CONTENTS
Page
Trustees, Report
3-5
Indèpendent Examiners, Report
ststement of Financial Activitiès
Balancè Sh•8t
Statemènt of Cash Flows
Notes to the Financial Statements
10-13

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
TRUSTEES, REPORT
FOR THE YEAR ENDED 5 APRIL 2025
The Trustees present Ihtsir report and the financial stalem8nl for the year ended 5 April 2025, which should
be read in conjunction wth the legal and administrative information.
The financial statements comply with the Charities Act 2011, the Companies Act 2005 the Memor8ndum and
Articles of Association, and the Accounting and Reporting by Charities Stalem&nt of Recommended Practice
applicable lo Charities preparing their accounts In 8ccordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS1021 leffeclive 1 January 20191-
For the purpose ot this report, directors have been described as Trustees.
The full name of the Trust is"The Daily Prayer Union Charitable Trust Limiled".
The charity is a private company limited by guarantèè and is constituted and governed by its memorandum
and articles of association as amended 17 March 2022.
Trustees
Each Trustee 15 appointed in accordance with the Corllpanies Act pmvisions.
Trusle8s who served during the year and up lo the date of this report were as follows".
Mrs Nicola Coombs
Mrs Clare Healh-whyte
The Revd Ray Porter
Mr Giles Rawlinson
The Revd Simon Smallwood (resigned 15 Oct 20251
Dr Joanna Sudell
The Revd Dr Nick Tucker
Mrs Sarah Walter
The Board of Trustees meets twi08 a year to ascertain the level of funds available for distribution and then
reviews grants which are due for renewal and applications for new grants.
Trustees are recnJited following p&rsonal recommendation from one of thtt existing Trustees having iegard
to Ihe need for an appropriate mix of skills on the Trustee Board.
Objectives and activitiès
At ils meeting in March 2022, the Trustees passed a special resolution lo alter the Memorandum and
Articles of Association, this being the result of Several years, work to ensure that the truslees are continuing
lo meet the charily's original obj8Cts, and that the charity is being directed in accordan￿ with most up to
dale praolisa.
The purpose of the Trust is to make grants for the advancernent of the Christian Religion.
The charity has 4 primary objects..
11 To promote prayer and belief in God the Father, Son and Holy Spirit, and lo maka Him betler
known, loved, honoured and worshipped.,
21 To promote, safeguard and advance the Protestant and Evangelical te8¢hing and principles of the
ChLJrch ol England las al the year 20201 as sel forth in the 39 Articles ol religion and Prayer Book,
and the Church ol England Evangelical Council Basis of Faith with ils two additional declarations.,
31 To promote, safeguard and advance the Proleslanl 3nd Evangelical teaching and principles of any
denominali(>n in the British Isles as sel forth in the UCCF basis of faith 1944",
41 To promote, safeguard and advance the same Protestant and Evangelical leaching and principles
and carry on missionary work in any part of the wodd.
The Trustees aim to ensure that appropriate levels of cash are available in order to rneel the programme of
grants distribution.

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
In order to meet these primary objedives, the trustees are now Considering these five main areas in which
Ih8y are looking to make grants..
11 Ministry Training
21 Education
31 Mi5SlOn
41 Media, Publishing and Broadcasting
51 Evangelism
Risk
The Trustees established a Risk Register during the year 2023, idèntifying the range of risks to which the
charity might be exposed, along with a score, and actions to mitigate each of the identified risks. This Risk
Registér was reviewed at the November 2023 meeting and will be revi8w8d on an annual basis.
Achievements and perfomiance
The Trust is the beneficiary of all the income from the Sir Edgar Plummer Will Trust, while Church Society
is the ultimate capiial beneficiary of the Sir Edgar Plumrner Will Trust.
The Twslees signed z MemorandLJm of Understanding with Church Society on 16th March 2023, with both
parties agreeing to appoint Church Society as Trustee of the Sir Edgar Plummer Will Trust in place of
Ludlow Trust Company Ltd.
The work associated with this transfer was completed in December 2023 and funds began to be transferred
to DPU from the new Trustee of the Sir Edgar Plummer Will Trust from June 2024.
The trustees continue to review the grant m8king process on a regular basis to ensure that the Charity
rneels ils objectives, and have clzrified their approach lo grant making via a grant making procedure paper
and a￿ seeking to idenlify specific causes and individuals under each of the 5 main areas listed under Ihe
Objectives and Activities abov8_ They have begun to identify organisations and institutions with which ta
partnèr in identifying causes and individuals so that support can b8 focu58d, wherever possible on causes,
and individuals who are endorsad. supported by or overseen by these organisalions.
Financial review
The Trustees are grateful for the income received from the Sir Edgar Plummer Will Trust which has
provided a subslanlial and ogular income stream over many years. The charity is wholly reliant on this
income.
Income from the Sir Edgar Plummer Will Trust improved rllarkedly during the year 2024-2025. under the
new trusteeship of Church Society.
The Trust holds £21,819 of investments, as shown in note 8 to the f1nzncial statements12024 £21.1001,
and which are held as reserves. The rn3rket value of investments is reviewed regularly, and the income
stream ig considered lo ensure that income aocruing is in line with the Trust'5 expectations. The
investments are held in accordance with the Trustees, powers. The Trustees also aim lo hold an optimum
level of cash on deposit and the minimum on non-inleiesl bearing accounts, in order to maximise the
income accruing to the Trust.
Thé results for the year and financial position of thè Trusl ar& as shown in the annexed financial
statements. Grants tolalling £17,00012024.' £14.0001 have been paid out during the year. All grants wèrè
paid lo institutions and individuals within the scope of the Trust's chariiable objeclives.
The surplus transferred lo reserves is £30,73112024'. £8,3971.

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
Reserves poll¢y
The Trustees have had a policy lor rnany years ol seeking to maintain reseNes equal to six months of
operational expenditure.
More recendy, as incomè has fallen and the number ol granl applications has r9duced, ￿serveS have been
used to meet both granl exp8¥Kliture, and also the costs associat8d with the govemance activities of the
last few years.
Thtr transfer of the trusteeshlp to Church Society wa5 cornpleled In Dècernbef 2023, and so this financial
year12024-20251 represents ihe first fvll y8ar of a significantly increased In¢orne from the Sir Edgar
Plurnffler Will Trust.
The woth on the Memorandum and Aiticles has enabled the trustees lo refocus attention on the 5 key grant
areas ol Ministry Training, Education, Mission, Media, Publishing and Broadcasting, and Evangelistn, wifh
tha establishing of several new relationships, which will increase tho flow of appropriaie grant applications,
bui thi5 work will take tirne to flow through into in¢rgased grants and a reduction in reserves.
The tolal net assets of £66,34212024-. £35,611) now exceed our reserves pg1i¢y Ihreshold of £14,020
12024.. £13,0601 by £52,32212024.' £22,5511.
The Tru$t88s have reviewed the reseNes of th8 TrLJsI and consider this levgl ol Irge reserves to be
appropriale to ￿na￿e the Trust to ¢onlinue ils grant fflaking acliwty at the current time, given the
uncèrtainties ol both income and expenditure ot the last few years. It is expected that this level of reseNes
will redu￿ as more grants are offered in the coming years, and this level ol reserves will be k8pl ur4der
regular review to ensure the smooth running of the charity, and to rnaximise its grant making activtty.
The trustees will also consthr redueing the level of reservas Irom 6 months ol op8rational expeNliture to 4
moftihs dependIr￿ u￿n the regularity ol the income. and the level of grant apF4ications in any year.
Thg Trustees, report has been prep3rgd in accordance with the special provisions within Part 15 of the
cornpanies Act 2006.
Public BenetÉl requirement
The TTUStees confirm that they have referr￿j to the guidanee contained in the Charity Commission's
gener￿ guidance on public b8n8fit and have given due consideration to this guidan￿ in ￿lation to the
Public Benefit rgquirement, and ill running the Charily and reporting ils activities.
On behalf ol the Board of Trustees
G A Rawllr¢son
Chalr of Trustees
Dalè

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
STATEMENT OF FINANGIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
Independent examiner's report to the Trustees of Daily Prayer Union Charitable Trusl
Limited
I report lo thè trustees on my examination of the accounts of Daily Prayer Union Charitsble Trust Limitèd
for the yèar énded 5 April 2025. which comprise of the Statement of Financial Aclivilies, the Balance Sheet,
the Statetnent of Cash Flows and the notes lo the accounts, including a summary of significant accounting
policies.
Respèetivè rèsponslbllities of Trustees ad examiner
As th8 tnjstees of the charitable company land, also the directors for the purposes of company lawl you
are responsible for the preparation of the accounts in accordance with the requirements of the Companies
Act 20061.lhe Companies Act'l.
Having satisfièd ourselves Ihat the accounts ol the Charitable Company are not required to be audit8d
under Part 16 of the Companies Acl and are eligible for independent examination, we report in respect of
our examination of the charity's accounts carried out under section 145 of the Charities Act 2011 I'the
Charities Acl'l and in Carrying out my examination I have followed all the applicable Directions given by the
Charity Commission under section 14515llbl of the Charities Act.
ndependent examiner'5 report
I have completed my exarninalion. I confirm that no matarial mallers have come to my attention in
connection with the examination giving me caus8 lo b81ieve that in any material respect..
Accounting records were not kept in respect of the charitable company as required by section 386
of the Companies Act., or
2. The accounts do not accord with those records- or
3. The accounts do not comply with the accounting r&quir6ments conceming the form and content of
accounts set out in the Chariles IAccounls and Reports) Regulation 2008 other Ihan any
requirement that the accounts give a 'lrue and lair, view which is not a matter considered as part of
an independent examination.
I have no concems and have come across no alher matters in connection with Ihe examinalion lo which
attention should be drawn in this report in order ta enable a proper understanding of the accounts to be
reached.
TaxAssist Accountants
Date

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 5 APRIL 2025
2025
2024
Notes
Income and èndowments from
Legaci85
Investrnents
Sundry
57,447
606
33,142
473
Totsl Income
58,053
33,615
Expenditure on
Charitable activities
Other
17,000
14,000
12,121
Total Expenditure
28,041
26,121
Net incomellexpenditurel
30,012
7,494
N&t gainslllossesl on investments
719
903
Nèt movement in funds
30,731
8,397
Reconciliation of funds-
Total funds brought forward
35,611
27,214
Total funds carried forward
66,342
35,611
The Stalemenl of Financial Activities includes all gains and losses recognised in the year.
All operations are ¢1859ed as continuing.
All funds are unr8slri¢led.

DAILY PRAYER UNION CHARITABLE TRUST ulA￿ED
BALANCE SHEET
FOR THE YEAR ENDED 5 APRIL 2025
2tr25
2024
Notes
Flxed Assets
Investmènts
Curront Ass&ts
Cash at Bank and In hand
Credilors= arnounts lallino due wlhin
one yèar
51,524
17.0011
20,012
15.5011
Ngt Current Assets
T¢tri Assets tg$8 ¢UTrenl Ilabilittes
66.342
3S,611
The funds of thé eharlty:
Unre5tri¢ted funds
66,342
35,611
Thasa financial Statem￿1$ havè baèn prèpare(I Irl accordance with the speclal provisions relating to smdl
companie5 Wtthin Part 15 01 th6 Companias Act 2006.
For the year ending 5 April 2025 the company was enlilled to exemplon Irom audit under section 477 01
the Companles Act 2006 relating to small Companies and no notice has been deposited und8r section 476.
Th8 Trustees acknowAedg8 their responsibilthes lor ensuring that the Cornpany ke8ps a¢counting records
which cornply with section 386 of the Act and for prèparing financi￿ statements which glva a true and fair
vlew ol thè Slate of affairs ol the Company as at the end ol the tinancial year and of its surplus or delieit for
the financial year in awordance wilh the requirements ol seciSons 394 and 395 and which othgrwise
comply with the requirements otthe Companies Acl 2006 relating to financial statÈm6nts. so lar as
applicaWe lo the company.
The financial staigments wer9 appmvod by the Board on
I f~ Zg2r
G A Rawlinson
Chair ol Trustees

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 5 APRIL 2025
2024
2024
Notes
Cash Iused inllfrom operatlng activities
30,906
9,020
Cash flows from investing activities
Proceeds from sale of Inveslmenl
Investment income
606
473
IDecr&aselllncrease in cash and cash
equivalénts in the year
Cash and cash equivalents at the beginning of the
year
Total cash and cash equivalents at thè beginning
of the year
31,512
9.493
20.012
10,519
51,524
20,012
Analysis of changes in net funds
At 6 Aprll 2024
C3shflows
Other non-cash
changes
At 5 April 2025
Cash
20,012
31,512
51,524
Total
20.012
31,512
51,524

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Accounting policiès
1.1 Basis of preparation
Daily Prayer Union Charitable Trust is a charitable company, limil&d by guarantee, registered in
England and Wales Icharity registration number.. 284857,. company registration number 3272181.
The registered office address is The Vicarage, Church Lane, Burford, OX18 4SD.
The financial statements are prepared under the historical cost convenbon rnodified lo include the
revaluation of eertain fixed assets, sp8cifi¢ally fixed asset invtsslmants and in accordanc8 wth
applicab5e accounting standards.
The financial statements have been prepared in accordance wlh Accounting and R8POrting by
Charities Ststemenl ol Recommended Practice applicable lo charities preparing their accounis in
accordance with the Financial Reporting Standard applicable in thè UK and Republic ol Ireland
{FRS 1021 leffe¢tive 1 January 20191- Icharites SORP IFRS 1021 the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companie5 A¢1 2006.
The Trust is a Public Benefit Entity as defined by FRS 102.
The Trustees are confidenl that the charily will be able to meet its financial obligations as they fall
due for the foreseeable future and therefore consider it appropriate to prepare the financi81
statements on an ongoing basis.
1.2 Income from Investments
Dividends are included in the financial slaleménts when they are received.
1.3 Invèstments
Investments are v8lued at market value. All gains and losses are taken lo the statement of
Financial Activities, in accordance with the Charities SORP.
1.4 Finanelal Instruments
The Trust only has linanoial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and
subsequently at their settlement value, with the exception of the fixed asset investment that is
revalued al the end of each financial reporting period wilh the difference being recognised iri the
Slal8m8nt of Financial A¢liviti8S.
1.5 Income from legacies
Income is ￿ceiVed by way of legacies for which enti15ement is taken as the earlier ol the dale on
which éither.. the charity is aware that probate has been granted, the eslale has been finalised and
notification has been made by the execulorlsl lo the Trust that a distribution will be made, or when
a distribulion is received from the estate. Receipt ol a legacy, in whole or in part. is onSy
considered probable when the amounl call be rneasu￿d reliably, and the Charity has been notified
of the executor's intention lo make a distribution.
1.6 Expenditure
All &xpenditure, other than that which has been capitalised, is included in thè Statement of
Financial Aclivilies. Account is taken of goods and services received al th8 year end bul not
invoi¢ed until after this dale Governance costs ar& those costs associat8d with the govemance
8rrangements, which prim3rily relale to conslilutional and stalulory requirements and include the
strategic planning process that contribute lo the futLJre development for the Charity. Support Costs
are those costs associated with the general running of the charity, both resources and staff costs.
1.7 Grants payable
Grants are accounted for when a commitment to pay arises.
io

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
2. Judgements in applying accounting policies and key sources of estimation uncertainty
The Trustees consider that there are no areas of the financial statements where key judgements
are required nor are there areas of eslimalion Ljncertainty.
Investmènt Income
202S
2024
Fixed inleresl investment fund
606
473
4. Grants payable
2025
2024
Publishing & Broadcasting
Training & Education
Overseas Mission
2,000
11,000
1,000
17,000
17.000
14,000
Grants to Institutions
2025
2024
Morden Church- Argentinian Ministry
RTS Charlotte
CYFA camp for St Matthews
Jesus Lane Trust
Crosslinks
London City Mission
Crosslands
1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
7,000
1,000
Other Instilulional Grants under £1,000
Grarits lo individuals
10,000
13,000
17,000
14.000
li

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI
FOR THE YEAR ENDED 5 APRIL 2025
5. Support costs
2025
2024
Sècretary's Expenses
Secretary's Expenses
Consultant Secretary Services
Sundries
750
8,508
12
8,004
16
Governance Costs
Trustees, Expenses
Professional Fees
Room Hire
Indepèndent Examinels Fees
146
595
2.000
863
1,500
125
1,500
11,041
12,121
6. Total resources expended
Other Total 2025
costs
Total 2024
Grants payable
Govemance costs
Other Support Costs
17,000
2.521
8,520
17,000
2,521
8,520
14,000
4,101
8,020
28.041
28.041
26,121
7. Trustees
None of the Trustees lor any persons connected with Ihgml received any remuneration during the
year, but four Tmslees were r8imbursed a lotal of £146 for travelling expenses12024 three
trustees ." £5951.
8. Fixed asset investments
Market value al 6 April 2024
Disposal in year
Change in value in the year
21.100
719
Market value at 5 April 2025
21,819
Historical cost
At S April 2025
21,547
Al 5 April 2024
21,547
12

DAILY PRAYER UNION CHARITABLE TRUST LIMITED
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED}
FOR THE YEAR ENDED 5 APRIL 2025
9. Creditors: amounts falling due within one y8ar
2025
2024
Othèr creditors
7,001
5,501
10. Financial instruments
Financial assets measured at lair value comprise of the investment in thè fixed interest fund.
11. Raconciliation of net movem&nt in funds to net cash flow from operating activities
2025
2024
Net movement in funds
Add backllldeducll investment revaluation
Deduct investment Income
(Decreaseyincrease in creditors
30,731
17191
16071
1,500
8,396
19031
14731
2,000
Net cash (used inll generated from operating activities
30,906
9,020
12. Rélated party transactions
Trustees, expenses are disclosed in nola 7.
Each year every Trustee has the option to make a grant lo an indiwdual or organisation of their own
choice. In addition. each year gr8nls Can be made to organisations where one of the Charity's
Trustees is also a tnjstee or director. Tho grants made are listed in note 4.
During the year no trustee granl12025.. £Nill was paid lo Ihe Railway Mission of which one of the
Tiustees was a director.
13