Charlty Reglstratlon No. 285474 (England and Wales)
Company Règistratlon No. 01648879 {Enyland and Wales)
Company Reglstratlon No. SC040881 {S¢otlandl
LUIS PALAU EVANGELISTIC TEAM {THE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

LUIS PALAU EVANGELISTIC TEAM (THE)
LEGAL AND ADMINISTRATIVE INFORMATION
Dlrectors
MrSFMBerry
Mr D G MaGkenzi8
Mr A L Palau
Mr K D Palau
L8dy S M Sainsbury
Mr M R Spr8tt
Mr B R Grrffilhs
Chorlty number
285474 (England and Wales)
Charlty numb•r
SC040681 (Scollandl
Company numbor
01648879 IEngland and Wgle8)
Prlnclpal •ddrès8 and rogl8t•r•d offlce Unlt g The Old Courtyard
Eckland Lodge euslnèss Park
Market Harborough
Leicestershlre
LE16 BHB
Audltor
M T Manlgy & Co Limllèd
696 Yardley Wood Road
Billg$ley
BSrmlngham
B13 OHY

LUIS PALAU EVANGELISTIC TEAM (THE)
CONTENTS
Pag•
Dirè¢lors' report
Slalement of diréctors re3ponsibilllle$
Independent audllor8' report
Slalemenl of 1lnanclo18cllvllles
Ilncludlng Income and Expenditure Account)
8alance $heel
Note$ to the financlal slalomgnts
10-14

LUIS PALAU EVANGELISTIC TEAM (THE)
DIRECTORS. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
The dirèctors who ore also tru$lees of Iha charitable company present thelr report and financial $t8tements for
the yèar ended 31st December 2024.
Tho financial slalements have been pr8pared in a¢¢ordan¢& with the a¢counling pollcles 8et out in note 1 to Ihe
financial $latemenlB and comply wlth the charity's goveming document, the Cornpanles Act 2006 and th8
Statement of Recommended Pra¢tiTr. "Accounting and Reporting by Charilies" issued In March 2005. in
occordance with Ihè Financial Reporting Standard appllcable in the UK arKI Republic of Ireland IFRS 102).
structure, Govgrnan¢• and M8nagoment
The charitable company is ¢onlrolled by the governSng document. the memorandurn and artlcles of the charitable
cornpany, and Conslilules B charitable company limited by guarantee, as defined by thè Companles Act 2006.
Th$re wera seven dlre¢tors who served durlng the year end seven in office at 31 December 2024 and th859 are
1181gd on the informBtlon page of thgse flnanaal stslements.
The 9uardnlee of the dlreclors Is Ilmlted to £100 eoth whllsl they are a membèr and for fvrtlve month8 after
Ce861ng 10 be 8 m8mber.
Accordlng lo the Artl¢l*s of As8ocSatlon there must be a minimum of three directors wilh 8 maximum of ￿e1Ve.
Additional directors may be appolntèd by the exSstlng dlrèctors through a proce6s of the board meellng wllh
prospective dir6clor lo assess their $ultability foi Ihe rol• laklng into consldèrallon tholr experi&nce and ¥kllls. a8
wèll as provldlng Inforrnallon about the wort of the charitable company.
Upon appolnlmenl the new director 18 provlded with Inlormallon In¢ll￿ing prevlous statutory and quarterly
¢counts, mlnules of recent board meellng8. detalls of upcomlng charltablè company'8 events, and 5$ 0180
prov1ded wllh guldanc¢ documents produc•d by the CharSty Comml¥810n.
Rl•k Managomant
There ara tsyo malor rf6ks idenllfied.. r8llane8 on kay Indlv(duaS5 and of gift Inoom& belng Insuffic￿￿1 lo m88t
&xpendilufe. These two rlsks ar¢ miligaled by carrying out documenlallon of 011 processedloperational delalls. by
Ihe board recelvlng quarterly financial manag&ment reports, as well as the team contlnuing to address the
Inerease ol gift income by addrtion81 fundraising and Increasing the tsupport base.
ObJ8Ctl¥•s and Actlvltles
The ¢harily's mission is lo proclaim Ine Gospel of Jesus Chrl$l, unlle tha church, and aetivale believers In
evangelism. In 2024, wg saw slgnlffcant growth in our effort8, wilh successful fe81iva18, irnpacttul evangellsm
Snlliatwes, and a continued exp8nslon of our global and local oulrea¢h.
Vlslon
The Luis Palau A550cialion'$ vlsion Is to unlte Ihe Church, proclalm the Gospel and transform dlies wo¥ldwlde.
Publlc benafit:
Tho dsre¢tors confirm that they have referrèd to the Ch8Tily Commission's specific guidance lo chartties on th•
public benefit for the advan￿ment of rèligion and wlll continue to do 80 when revièwing obleclive¥ and activilies
as well a8 planning charltable a¢tivlties.
The directors are ￿nfIdent that enabling Christians and Christian Communllles lo sharè the love of God seen in
the Ille of Jesus Christ, and in promoting the whole missiot) of th8 Christian faith wlll be for lh& benefit of many.
The re8ults of this octivity are g spiritu81 blesslng of an inner Pea￿ and gieater sens¢ of purpose In the lives of
divhduals. and a harmony and reconciliatlon pro￿83 in families communities.

LUIS PALAU EVANGELISTIC TEAM (THE)
DIRECTORS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Achlevements and Pèrfomance
The aims olthe charity for 2024 were..
To proclaim thè Gospel across th¢ UK and Europè through festivals and evangelisrn teams.
To unite local churches for collaborallve outreach.
To equlp believers in pèrsonal Svangellsm and mobilize them for tsngoing mission work.
Specific objèetjV85 Induded..
Delivering Festival TeessSdè, 8 large-scale outreach event.
Latsnehing and supporting Evangelism Teams IE-Teamsl in key UK ¢llles.
Expandlng our Gltsbal Network of Evangelists IGNEI.
Enhancing our digital evangelism capablliljes lo complement in-per8on outreach
UK & Europoan Festlval8
In 2024, we suc￿sSfUllY delivered Festiv81 Teessid& in partnershlp wllh over 70 local ¢hurch86 and mlnlslrlès.
This f•$lival marked 8 significant mllestone In our trulreach efforts, and the 18-mtsnth campalgn leadlng up lo11
Saw u8..
Training over 10% of Tee88ide's Christian population In persortal evangollsm.
H081ing 18 outrèach events and Inillaling 86 Alpha Courses.
Reachlng over 30.000 people In person, wllh over 1,685 de¢l8ion8 for the Gosp&l.
To ensure the conllnued mornenlum of the Gospal in Tee86ide, we launchod an EvangèliBm Team In January
2025 to plan for sustainable, long-l&rm evangellslic Irnpacl in the reglon. Th8 full Impaei Report of Festlval
Teesside c9n be accessed onllne al hllps.'/llesllvalleesslde,comlle81ival-impact.
L¢)okln9 forward lo 2026, we are exdlèd lo retum lo fran3, Albanla. W& will be hosllng 8 n?Ilonal f88tlvBI from
13-14 June 2025. following an invitatlon Irom a new generallon of Albanlan ehurch leaders.
Despite the shorter bulld.up Ilme I188s than 7 month81. we aro commllled to maklng thi8 campaSgn a success.
W8 are working closely wllh the Evangel1￿1 Alllance of Albanla lo launch four &v¥ngelisrn iaams acro88 the
nation as part of a long&r-lÈrrn Blr8legy for sustained Gosp•l outreach In Albanla.
For the future, we are In advanced di8cu$slon8 about hosllng a lestlval In Cardiff In 2027 and have begun
$xpIc>ring opportunities wllh church leaders In Dorsel for 8 festival in Poole in 2026 as w911 as olher ¢ilies and
reglons across the UK and Europo.
Clty Gospgl Movementg
In addition to festlvals, our City Gosp*l Nfjovemenls 8re 8xperiencing significant growth. We currently have activè
Ev8ngeli8m T¢am$ IE-Teamg1 in Liverpool, Teèsside, and Sheffield, and are working on plan6 for new te8m8 in
several other ￿gionS. For example, our Llverpool E-Team is aiming to traln over 1,WO people In personal
evangolism as part of a large Easter oulrea¢h campaign in 2025.
Followlng the Tirana Festlval in 2025, wè plan to launch four new evangelism lo$ms acrc185 the UK. We are also
in ongolng conversations with over 15 clly unity groups In the UK, and lour of these are acllvely expltsring
opportuniti8S to •$lablish evangell$m teams in theii are88.
Global Network of Evangèlist
In 2024, ￿ engaged wfth 122 evangelists acro#9 the UK and Europe, supporting them in their evangellsllc
efft)rts.
A key highlight was welcoming 9 new evangelists into the Global N8twork of Evangelists IGNEI. The GNE now
has ov8r 3,500 members globally, strengthening our collects'v? ability lo carry out evangelistic mi&sions.

LUIS PALAU EVANGELISTIC TEAM (THE)
DIRECTORS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Dlgltal Evangellsm
In 2024 we launched 8 dlgltal evangelism ¢ampaign following Festival Teessid8. which reached Over 44.000
people. The ￿MpaIgn resulted in 178 decSsion5 for Chr151 and invited participant5 Its joln local Alpha Courses.
This was the first lime we Incorpor8ted dlgitsl outreach alongside a Ilve festival in the UK, and it has been a
powerfu5 tool for reaching people who might not havè aitended In-person events.
We are also excitsd to Sha￿ that ￿te 2024. wtt recorded 8 powerful testimony from an Individual who
experienced a neÈr-dealh encounter wlth Je8us. This lesllmony will form the basis of ourAutumn 2025 UK digital
oulreach campaign, themed "From Death to Life." Thg campaign wlll 8hare how Jesu8 bring$ splrilual Ilfe to
those who èncounter Him.
Plan• for the Future12025 and beyond)
In the comlng years, we plan to..
Con15nue the expansion of Evangelism Tegms IE-Teamsl In key UK & EuropÉBn cities.
L8un¢h the Mrana FÈsllval In June 2026 and follow up with four ovangolism lèam5 acro$$Albanla.
Host B full.sc8le festival In C¥rdiff in 2027.
Dèvelop dlgital èvangellsm initiatives. inclu¢Jlng the From Dealh lo Life. campaSgn.
* Expand Ihé Global Network of Evang8li$ts to support wort(fv41de ev8ngeli81ic èfforts.
Conelu$lon
We are deeply gralelul for th6 Support of our partner5, donor6, and volunle•rs, wh08e dedI￿lIon and
commitment allow u¥ to carry out the work of Ovangellsm ocros$ the UK and Europè. As wt look ahead lo an
excillng year In 2026 and beyond, wo arg confident that wllh God'g guid¥nce and your support. we will conllnue
to see Ilves transformed through tho power ol tho Gospgl.
Flnan¢lo1 Revltrw
Thg aC￿Unts for Ihis year, and the ch8rflabl& company's finand81 po811ion os Bt 31 Dec8n*)or 2024 are 8hown In
the attached fin8n¢l¥l stalemgnts.
It Is the po11cy of the tharitsble company lo maintain unreslrlctèd funds Uhe free resgrve81. Thls 15 currontly sel
by the dlreclors at £45,000 which is duly considèr8d lo be the amount required lo cover the eslimaled costs of
closlng Ihg eJ)arity 11 Ihe neèd arose, ps well as meetlng the working capitsl requlrements of the tharlty. This
pollcy Is r8Vi8wad annually by the board.
Unrestricted funds Idonalions not restricted for a 6pecifie purpts89 by the donor, not induded In flxed a888ts gnd
not deS￿nated by the board) as 0131 De￿rnber 2024 were £195,432 12023.. £93,420), lar exceeding the
reserves pollcy 81 the yèBr end to be utilised In supporting the ongoing mini51ry in fulure yeafs.
Auditors
A regolution proposing that M T Mgnley & Co Llmiled be reappo￿ted os audltors of the d)arllablg company wlll
be put to member$ at a Gènefal Meetlng.
Approvèd by order of tha board of directors on .
.20Af8nd slgn¢d on if5 behall by
Mr S F M Berry- Director

LUIS PALAU EVANGELISTIC TEAM (THE)
STATEMENT OF DIRECTORS. RESPONS181LITIES
The directors (who are also truslges of Luls Palau Evangelistic Team ffhe} for the purposes of charrty lawl
are responslble for preparing the Directors, report and the financi81 81atemènls in accordance with
applicablg law and United Klngdom Accounting Standards IUnil&d Kingdom Generally AC￿p1@d Accountlng
PractKe}.
The Charities Ad 2011 requires the directors to prepare financLg18lalem&nts for aach finandal yeai whlch
glve a true and falr view ol the slala of affairs of the charitable Company and of the incoming resources and
8pplie8lion of r&80urc@s, Includlng the incorlle and &xpendilure, of th8 eharilable ￿MpanY for that per￿d.
In proparing these finanaal 8tslements, thè dlreclors are requlrgd to..
sele¢l 5ullabl8 accounllng p0￿cleS and then apply them eonsisl8nlly..
observe the rft&lhods and principles In Ihfy Charities SORP.,
make judgernenls and esi'mal88 that aro reasonable and prudent.,
prepare the financial slaloménts on the gc*ing concern bas18 unles$11 is Inapproprlat• lo presurne
th81 the charlt8ble company will ¢onlinue In operation.
The dlreclor8 are responslble fer keepSng proper accounllng records whlch di$¢l08e wlth reasonable
acwracy 01 any timè the financial posillon of the charflable company 8nd lo enable them lo ensure thBt the
financial ¥latem8nl3 compty with the The Charilles A¢1 2011, tho Charltlos and Trustee Investment
Iscotlandl Act 2005 and tha Charlllgs A¢counls (Scotland) Regulations 2008 {85 amend$dl, They are also
responslble for safeguarding the as8ei8 ol thè charrtabl$ company and hence for lakln9 re&8onab18 slep8
for tho prev8nlSon and delectlon of fraud and Qlher Irregularities.

LUIS PALAU EVANGELISTIC TEAM (THE)
INDEPENDENT AUDITORS. REPORT
TO THE DIRECTORS OF LUIS PALAU EVANGELISTIC TEAM (THE)
Oplnion
We have audiled the ffinancial ststemenls of LUIS PALAU EVANGELISTIC TEAM (The) (the '¢haritable
company'l for year ended 31 DècembeT 2024 whlch comprlse thg Statement of Financial Aclivllles
lincorpoTallng the Incom8 and Expenditur8 accounll. the Balance Sheet, note8 to Ihe financial statements
includw)g significant occoUn￿ng policies. The financkgl ￿porting Irameviork that has been applied in their
p￿paration is applieAble law and United Kingdom Accounting Standards, including Financial Reportlng
Slandard 102 The Financial R¢porting Stsnd8rd appllcable in the UK and Republi¢ of Ireland (Unitèd Kingdom
Genecally A￿￿￿ted Accounting Practice).
In our opinK)n. the finand81 stalemenls:
glve a true and lair vlew of the slate of the ¢hari18ble o)mpanV$ 8ffairs as al 31 December 2024 and ol 11$
incoming resourcès and application of resources Including ils Income 8nd expenditure, for the year then ended.
have been prtsperly prepared In accordance wSlh United KSngdom Generally Accepted Accountlng Pr8Cticè',
and
have been prepared kn 8ccordanc& with the roqulrements of tho Componle8 Ad 2006, the Charfllas and
Truste8 Investment (Scotlandl Act 2005 and ￿gulatIon 8 of thè Charillos Accounts {ScotLondl Regulallon 20Ce.
8a818 for oplnlon
Wa ￿n¢lucted our audlt in a¢¢ordanc8 wllh International Sl8ndards on Aujlllng IUKI IISAB {UKII and appllcable
law. Our re8ponslbllitles undor those standards are further descrl)ed In the Audilorfs respon$lbllltles for the audll
ol the flnancial statements 8e¢tlon ol our report. We aré Indepgndenl of tho company In accordance with th¢
ethlcal requirgmenls that are relevant Io OUT audit of thè financial statement8 In the UK, Includlng the FRC'S
ElhieAI Standard, and we have fulfllled our other 8lhlcal r8sponsibillties in accordance wllh these requlremgnts.
We b¢ll8V¢ thot thg oudit evid0n￿ we have oblalned 19 suffi¢Sent and appropflale lo provide g basis lor our
opinlon.
Conclu8lon$ relatlng to golng con¢om
In audlllng thè financial statemen15, we hav0 concluded th81 the dSreclof8' U8e of tho golng concarn b8818 of
accounilng in the pr8paralion of the financial statements 15 8pproprlale.
8a8od on the work we have perlormed, we hBve not idenlifled any material uncertainties relallng to events or
conditions that, Individually or collecllvely, rnay cast $Ignif￿nt doubl on the company's abllily 19 continu& as a
golng con￿rn for a period of at198St twelve months from when th& ffinan¢ial slalemenls are authoriBad for
188U&.
Our responsibllilies &nd the responslbllitie8 of the (iirector8 wilh rèspect to going ￿ncern are ￿¢S￿bed In the
relev8nt seclions of this report.
Other Infomatlon
olhèr Inforrnation compT18eS the information Sncluded in Ihe annuBI report. olhÈr than financlal
ststoments and our audito¢s report thereon. The ￿1￿clOr8, are responsible for the other informallon contained
wilhm) the annual report. Our opinlon Ihe financlal statemen15 does nol cover the other information and,
excèpt to the extent otherwise explicilly stated in our roport, wè do not exprèss any form of assurancè
cenclusion thereon. Our responsibility is lo read the oth¢r infoTrn8tion 8nd, in doin9 $0, consider whether any
olher infomiatiori 16 m8terially inconsistent with Ihe financial Statements Jr our knowlEdge obtained in the audit,
OT ott)etwi3e appears to be mal¢rially misslaled. If we Identify such material Incon$islen¢ies or apparent
material misstatements. we are required lo determine wh¢￿er il glves rise to a material mi5slalefflenl wi the
financial statements themselves. If. based on the work we have perfvrn*d, we conclude that there Is 8 materia5
mi$$tatement of this olher Inlomiation, we are required to report this fa¢1.
We have nothing to report In this regard.

LUIS PALAU EVANGELISTIC TEAM (THE>
INDEPENDENT AUDITORS, REPORT (CONTINUED)
TO THE DIRECTORS OF LUIS PALAU EVANGELISTIC TEAM (THE)
Opinlon on other matter pro8crlbed by the Companles Act 2006
In our opinion, based on the work undertakèn in the course of the Èudil..
the informalltsn given in the dir8Ctor8' report for the financial year for which the finallclal $lal&menls are
prepared Is consislenl with the financial $lalemenls,' and
the dirgctors, rfyport has been prepared Sn accordance wtth 8ppllcable kgal r8quirem¢n15
Matters on whlch we ar• requlred to report by exceptlon
In the light of the knowledge and underslonding of thè charitabl¢ Company and It'8 environment obtalned in th&
course of thè audit, we have not idenllled rnalerial misslalern6nls in th$ dlrector3' report.
We h8ve nolhlng lo report in respéct of the followlng matters wherg the coM￿nIeS Act 2006 the Charllles and
Trustèes Investmènt (Scollandl Act 2005 and Ihe Charities Accounts (Scollandl Regulallons 2006 r&qulres us 10
report lo you If, in our opinlon:
have been propèrly prepared In ac¢ordan¢s ￿th Unlled Klngdom Generally Accepted Accountin9
Practice,. and
the 8ccounl$ a￿ not in agreement wllh the accoun￿n9 rècords., or
certain disclosures of direcloT8' remuneration gp•¢ified by law are not madè., or
we hove nol r¢celved all the Infoimauon and explanations we requlre for our audit.
R88ponBlbllltl•$ of dlrg¢tor8
AS èxplalned more fulty In th8 dlreclors slalemenl of responslbllltles, the directors, wh¢ also a¢1 gs Irusteas for
Ihe chaillabl8 acllvllle8 01 LUIS PALAU EVANGELISTIC TEAM (fhel. are responslble for the prgparaiion of thè
aceounls and for being 88llBfled Ihal they give a true and falr vl¢w, and for 8u¢h internal control as Ihg dlreclors
delèrmlne is necessary lo gnable the pr8p8ratlon of flnanGlal slalemenls thai are free from material
mlsstalemont, wh8lh8r due lo fraud or grror. In preparlng the flnancial slalements, the dlreciors are respon$lble
for 8sse8sln9 the charflable cOmpan￿S ablllty lo ¢onllnu8 as a golng concem ba816 tsf aceounling unle88 the
dlreclors. either Intend to liquidale the charllabl& company Qr cease operatlons, or have no re&lisllc mea8urè
altemollv¥ bul lo do 80.
Audltor8 regpon¥lbllltle¥ for the audlt of the flnAn¢lal statements
We have been apptsinled as auditor undgr se￿10n 441lllc) of the CharllS69 and Tw8teg Inveslm8nl (Scollandl
Act 2005 and und&r the Comp8nles House Act 2008 and report in accordance with the Acts at￿ rèlevant
regulations made or havlng effect Ihereunder.
Our obleclNes are lo obtaln ￿aSonable assurance about wh8lher the financlal slalemenl8 as a wholè are free
from materlal mlsstalemgnl. whether cjuè to fraud or error. and to 1g$ue an auditor's repc*rt that Includes our
oplnlon. R¢&8onable 8$surance Is a high rgvel or assurance bul not a guarantee that an audll conducted in
accordance with ISAS IUKI will always delect a malefial missl8lemenl when11 exists. Mis$lal8ments can 8ri$e
from Iraud or error and ar@ considered material if, Individually, or in the aggregate. they could reasonably be
expo¢ted lo influence tho ¢¢onomic de¢i¥ions of users taken on the basis of Ihe8e financial statements.
Irrpgularllles. including fraud ar& instances of non-complianc6 with laws ond regulations. We deslgn
pro¢odures inline with our responsibllilie8 Outlined abc*ve. lo d&lect material rlli88lalemenls In respect of
irregulaiilies includlng fraud. The extent lo whlch our procedures ar8 capable of detecting irregularities.
including fraud, is detailed b81ow.
We design our piocedur85 $0 as lo oblaSn sufficient appropriate audit eviden￿ that the finanei81 Slalemenls are
not materially mi551aled du& b non-cofftpliance with laws and regulations or du¢ lo fraud or error,
We are not ￿sponsIble for prgvenling non40rnplianc& 8nd cannot bg expected to delect non-compllance with
laws and Tegulations- this responsibility liès with management wtih tho oversight of IhÈ directors.

LUIS PALAU EVANGELISTIC TEAM (THE)
INDEPENDENT AUDITORS, REPORT (CONTINUED)
TO THE DIRECTORS OF LUIS PALAU EVANGELISTIC TEAM (THE)
Based on our undèrstsnding Df the chBritable ￿MPanY and industry and discussions with management we
identified ffinan¢ial reporting standards and Companies Act 2006 as having a direct effect ￿ the amounts and
disclosures in the financial statements.
As part of Ihè engagement team discusslon abtsut how and where thè companys financial statements may be
materially misstated due lo (raud, we did nol idenllfy any 8re88 wlth an Increas8d risk of fr8ud.
Our audlt procedures included..
enquiry of management about the ch8rilabl$ companvs policitts. procedures and related contro18 règardlng
CC*mpliance with laws and rggulalions and if Ihere a￿ any known instances of non-compliance
8XBminlng supporting documents for All materlal bBlance8, transactions and dlsclo8uro$
review of board of dire¢tors minute3
- enqulry of managemerht and review and Inspeclitsn of re18V8nl COr￿SpOndence with any legal firms
evaluallon of the ¥eleCt￿n and applicallon of accountlng pollcie8 re￿Ie￿ to subjective measurements 8nd
complex transa¢llon$
analytical procedure8 10 identify any unusual or unexpecl8d relallonships
tèsting the approprlateness of loumal enlrles rocorded In the nomln81 ledggr And other adlustm8nts made In
the prepBralion of thè linan¢lal Blalemenl#
revlew of aGcouriling eslimales foi blases
Qwing to th& Inherent limltatlons of an audll. there Is on unavoldable rlsk that 80m• m81orfal mlgstatsments of
Ihe financi?1 statements may not be Iletected. even thouoh Ihe audll is properly plannod and perknrm8d In
accordan¢& with the ISAB {UKI.
Th8 polenti81 gffects of Inhgrgnt1Smltstions are p¥rtlculaty siqnSficanl in the case of misstalemenl re3ullSng from
fraud be¢au68 fraud may Involve 80phlslicoted and ca￿fullY organiz¥d Bchemes (Jgs1gned lo conceal it,
Includlng deliberate f8iiur8 lo rocord Ir8nsactions, colluslon or Inltntlonal ml$repre$8ntallon$ belng made t¢ U8.
A further descrlpllon of our r88ponslbi1111gs is avallablg on th& Flnancial Report5no Councll'$ web8118 al.. httpsjl
wvM.frc.org.uklBudltor8re$ponslbllltle8. Th18 de8crfpllon form8 Part of our audltol8 report.
of our report
Thls report Is rn8d& soley to th¥ charltsble company's membèrs, 88 a body. In accordance wllh Chaptsr 3 of
Part 16 of the Companies AGI 2006. Our audit work has been undertaken so that we mlght stste to Ihe
tharftsbl¥ comp8ny's members IhDS8 mallets we afe required to state to them In Bn audiloTS reptsrt and no
other purposa. To the fullèst exlont perrnitted by law we do not accept or assume responsibility lo anyone other
Ihan the charitable company and the chari18ble Company's member¥, aB a body, for our audit work, for thi8
report, or for the oplnions we have formed.
LN
Graham Collin8 (Senior StaluloryAuditorl
On behall of M r Manley & Co Llmitèd Iststutory Audltorl
696 Yardloy Wood Road
BllleslÈy
81mingham
8130HY
Dated= ..

LUIS PALAU EVANGELISTIC TEAM (THE)
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrictsd Restrl¢ted
fvnd$
funds
Total
2024
Total
2023
Notè$
Incomlng r¥$ourcèg from generated funds
Donations And legades
Investment Income
492.464
8,138
492,464
8,138
243,289
885
Incomlng resources from charitable acliviliè$
600,602
500.602
277,818
244, 174
310,216
277.818
Total Ineomlng re8ourc08
500,602
277,818
778,420
554,390
Resources èxpended
Co8ta of generating fund8
C0818 of gen8rollng donallons and lagacSeg
18.549
18.549
12,171
Net Incomlng r•8ourceg avallabl•
482,053
277,818
759,871
542,219
Charitable actlvi11è8
385,326
465.391
850,717
418,586
Governance ¢0618
12,340
12,346
10,770
Total r8sourc08 expended
416,220
465.391
881,611
441,527
Net Incomlnglloutgolngl r•8our¢eg b•for•
transfers
84.382
1187,5731 1103,191)
112,883
Gr08$ tr8nsf8r8 b&lween funds
17.630
117,6301
Net Incomel{expendltur•l for the yearl
Net movèment in fund$
102,012
{208,2031 1103,1911
112,863
Fund balanc88 at 1 January 2024
93A20
205,203
298,823
185,759
Fund bo18nceB at 31 December 2024
195,432
195,432
298.622
The sl8letllent of financial oCtFvities g1$ts complies wllh the ￿quIrernents for an In￿me and expgndilure account
under the ComponiesAct 2006.
Al 8¢tivilieg of the charitable company are da$Bed as Gonunuing. Thore were no ￿CogniSed gain8 or Jo8$98 other
than those $hown above.
The notes form part oflhè8e ffnandal slalamenls

LUIS PALAU EVANGELISTIC TEAM (THE}
BALANCE SHEET
AS AT 31 DEGEMBER 2024
2024
2023
Nots$
Fixed 8889ts
Tangible assets
8,813
17,626
Currant asset8
Debtors
Cash at bank and in hand
6.126
191,568
27.684
274,840
197,694
302.324
Cr•dltor8: amounts falllng duo Withln
ono y•ar
111,0761
121,328)
Net current aS8ets
186,619
280,996
Totsl 888•ts I•￿ ¢urr•nt1Sabllllles
q95,432
298,622
In¢om• fund$
Reslrlcted funds
11
205,202
Unrestrlded fund6
195.432
93,420
195,432
298,622
The company Is entitled lo tl)e exemptlon Irom the audll requ1rèmont contsined In sectlon 477 01 th• Comp8nles Act
2006, for Ihe year ended 31 Decembgr 2024. although an audit has been carr68d out und8r seclSon 144 01 the
Charities Act 2011. No member of the company has deposited a nollce, pursuant to sectl)n 476, requlring an audit
ofth&se a¢￿Unts UWbd8r the requirements ol the Companies A¢1 2008.
The dSrectois a¢knowledg& theiT responslblllties for ensuring that tho company keeps accounNng r#cord8 whlch
comply with secbon 386 of Ihe Acl and for preparlng attounls whlch give a true and fair vlew of the state of aff8lrs
of tho company as at Ihe end of the fin8ncSal year and of ils incoming resources and application of ￿SOurCes.
including its income and expenditure. for thè financi91 year in accordRn¢e wlth thè cequirements tsf secllons 394 and
395 and whlch otherwise cornply wlth the requirements of the Companles Act 2006 relaung to a¢￿￿nts. so far as
appllc8ble lo company.
These accounts have been prepared in accordane8 wlth the special provisions relaNng to small comp8ni&s wlthin
Part 15 01 the Comp8nies Act 2006.
by the Board on ./.1.
The a¢￿UnIS were appro
Dlrector
Company Reglstratlon No.

LUIS PALAU EVANGELISTIC TEAM (THE)
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accounting poll¢ies
1.1 Ba$1$ of preparatlon
Luis Palau Evangeli91i¢ Team (THE) is o prlvate cernpany Ilmited by guarantoe incorporated in England and
Wales. The registéred offic818 Unil 9 The Old Courtyard, Eckland Lodge Busltless PaTk, Market Harborough.
Leicestsr8hire, LE16 8HB.
The financlal 8tatemènls of the charitable company, whl¢h Is a public benefll entity under FRS 102. hav?
been prepared in accordance with the Charllles SORP IFRS 102) "Ac¢ounling and Reportlng by Ch8rilles.'
Stalèmenl of Recommended Practice bppllcable lo charflles preparing their accounts in accordanc8 with the
Flnancial Roporting Standard applicable in the UK and Republlc ol Ireland IFRS 102118ffective 1 January
20191., Financial Reporting Standard 102 "The Financial Reportlng Slglldard appllcable In the UK Bnd
Republic of Ireland" atMI the Companies Act 20Q6. The accoun18 have been prepared undar the h151orf¢al
CO81 conventlon.
The Ilnancial sl8lemenls are prepared in st8rllng, whi¢h18 the funcllonal ouriency of the chartlable company.
Monetary amgunl8 In fhe financial 8latemenl$ ara roundgd to the ne8r881 £.
1.2 In¢omlng r•sourc•s
All Incom8 5$ recognlsed In Ihg Slalemenl of Fln8n¢lal Actlvlllès once the charity has entitlemonl lo th8 funds,
11 1$ probable that tho Incomo wlll be received and th$ amount c&n be rr&asured rellably.
1.3 Rè8our¢•B oxp•nd$d
Liabllltles are racognlsed as expendllure 88 Soon 86 Iharo 1$ a legal or ¢on61rucJve obllgallon commlttlng the
charity lo that exp&ndllure, il Ss probablè that a Ironsfer of 8eonomlc benefits will b¢ requlred Sn 8ettlemenl
and the 8rn0unl of the obllgalion can be measured rellably. Expendllurè inclusSv? of VAT, is 8¢counled lor on
an 8ccru819 basis and ha8 been cla651fled under headlngs that aggregate all ¢o$l related lo the category.
Whem costs connot be dlrèclly altrlbuled lo partlculor headings, they have b$en allocated lo aclivllleB on
basts con6161enl with thg u89 of resource8.
1.4 Tanglbl• Ilxed a89•ts Ind d•prerlatlon
Tangiblo fixed assets are 8laled al cosl18$$ depr￿latIon. 08predallon is provided al ralej ￿lcUlated lo wrfte
off tha ¢081 less eslima18d residual valuè ol each asset over ils ¥xpected useful Ilfe, a8 follows..
Motor vèhlcles
25% on ¢081
1.5 Lga81ng and hlra purcha89 ¢ommltment$
Rantals applScable to operating leasa$ where subslanlially all th8 benefrt8 and risks of ownar¥hip remaln wlth
the le9sor are charged against profits on a straight line bos55 over the ppiiod of the16ase.
1,6 P•nslons
The charitab18 eE)mpany ¢Jper81es a defined contrlbullon pension 8cheme. Conlrfbulions payable to the
tharFtable ¢ompany'9 penslon 8chgme are ¢harged lo the Slalement of Fln8n¢ial Actlvllles In the perfod lo
which they relate.
1.7 Aecumulatad funds
Unrestricted funds - th888 are fvnds vh7i¢h can b8 used in acGord8nce wrth the Charitable obj8CtIv8s 81 Ihe
dl8cretion of the tru$tees.
Reslricted funds
the8È are fund$ whlch can only be used for particular restri￿¢d F)urposes wllhin the
objects of the charity. Restrictions arise when specified by the dtsnor or wh8n lunds are ralsed for particular
restricted purposes.
Designated fvnds- Ihw are funds sel aside by the directors from unrestricted funds for specific puipo888 or
proiecl5.
10

LUIS PALAU EVANGELISTIC TEAM (THE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
A¢¢ounting pollcle8
Icontlnuedl
1.8 Taxation
Thtt charity Is exempt from eorpofatlon tax on its charitsbl$ aclivilles.
1.9 Golng ¢oncem
The dSreclors have assessed whelher the Lsse of the goSng concem assumption Is appropriate In PTep8ring
these finartcial ststemenls. Th8 directors have mode thi$ assessment with respect lo a period of one year
from the dale of approval and 8ignature of these financial statements. Thé directors have condudèd that
theTè are no malarial uncertainties relateil to events or condbtion$, th81 may ca$1 significant doubt on the
obilily ol the ¢horitable company to rontknue as a going concern during this period, (see a150 the dir¢¢tors'
rewrt underAchievemenls performance 8nd futuro plans.) The dliectors ore of the opinion that Ihè tharilabl$
company wlll have sufflcianl resour￿¥ to meet Its liabilllles as they fall due over Ih55 period, 18klng into
account ongolng d¢nallons trom Portland and Ihg preg8nl cash r880urco$ of thè charitable company.
1.10 Flnonclal In8trum•nt8
The charllable Lyjmpany has elgded to apply Ihtr provlsions of Sectlon 11 'Basic Fknanclal Instru￿￿nts, and
Sectlon 12 '0ther Flnancial In8truments158uès' of FRS 102 to all ol ts financial Inslrumants.
Fln8ndal In$lrum8nts are racognised In tha companvs balanc8 8hoel when Ihè eompany becomes paty to
Ihg conlraotU81 provlsions of the Instwmenls.
Flnanclal 8$sets and liabllilles ar? offgel, wilh the nel amounts pras¢nted In the financial stat¢monts, whgn
there 5s a legally enfc&rTrable rf9hl to sel off thè recognlsed amounts and there 58 an intention to sellle on
not basls or to re81ise the asset and settle the liability simultaneou81y.
Donatlons and lègacl88
2024
2023
Donallons and gifts
492,484
243,289
Inv8stment Incomè
2024
2023
Irbtèresl re¢elvablè
8,138
885
Incomlng 18sou￿•S from charltable actlvltiès
2024
2023
Mission costs recovered
277,818
310,216

LUIS PALAU EVANGELISTIC TEAM (THE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DEGEMBER 2024
Directors
Tho director8 recelved no rèmunerallon, bènefits or $xpense$ In the year ended 31 Dec8mbÈr 2024 (2023..
Employ•e8
Numbprofemployee8
Thg 8verage monthly number of employee8 during the year w8S'.
2024
Number
2023
NuTnb8r
Employment ¢o•tJ
2024
2023
Wages and Balarl¢s
Soclal security cost8
Othèr pen8ton costs
289,889
23,330
17,875
240,908
20.714
16,854
301,074
278,278
On• •mployè& re¢￿Ved omoluments In •x¢e88 of£80,WO.
Tanglblfr fix•d a$8•t•
Motor vohl¢l•8
Cost
At 1 January 2024 and at 31 D￿9mber 2024
46.250
DepreclatFon
Al 1 January 2024
Charge for the year
27.625
8,812
At 31 Dacember 2024
38,437
Net book value
At 31 Oecembèr 2024
8.813
At 21 December 2023
17,626
12-

LUIS PALAU EVANGELISTIC TEAM (THE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Debtorn
2024
2023
Trade debtors
Other debtors
6.125
27,685
Credltorn.. amountB falllng duè wlthin one yèar
2024
2023
Trade creditors
Other creditor$
Accru81$
6,774
5,301
7,894
1.874
11,560
11,075
21,320
10 Pen•lon and other po#t-r•tlrernènt ben•flt commltm•nt8
The charltablo company op¢rote8 a defflned ￿￿tributIOn p8n$lon Schemè whose 8s8ets are held Separatèly
from those of the eharltabl8 company. The charitable ￿MpanY Incurr8d cos18 of penslons in the year of
£16.654 (2022,. £15,693) wlth nothSng outslandlng lo Ihe penslon fund al the year end12022.. £NIII.
11 Restrlcted tund•
Th? Income lunds of the ¢harlty Include rest￿Cted lund8 comp¢l8lng Ihe followln9 unexpended balonces of
don811ons and grants held on Ifust for sp$dfic PUTpose8'.
Movement In fund8
In¢omo
Expen888 Tran8fern to Balanco at 31
closeD•Gembor 2024
Balan¢• at I
January
2024
Mission events
City G08pel Movement$
Global Ne￿Ork ol Evangelists
Festivals
16,905
5,417
917
181,965
116.9051
15.417}
19171
5,609
277,818
{465,392}
205.203
277,818
1465,3921
117,6301
A$ of the end of thè 2023 financial year, the decision was made to declassfy all PDX income and
expèndituro to gètheral unreslricled funds, leaving the Only movement on Te$tricted funds as the Fe¥lival
Sncome and expen(IKure in 2024, whlch was fully used up by the 31 De¢¢mbeT 2024.
13-

LUIS PALAU EVANGELISTIC TEAM {THE)
NOTES TO THE ACCOUNTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Analy¥ls of net ass•ts bètween funds
Total
Fund balances al 31 De¢embet 2024 are represented by..
Tangible fixed assets
Cuffent ass8ts
Credilor$.' amounts lallSng due wlhin on8 year
8,813
197,e94
{11,0751
8,813
197,694
111,07S}
195,432
195,432
13 Relatod p4rtt09
Busln8s$es Ihal share ono or more of the dlrèdorB ofthe company made donallon8 of £5,000 In tha yoar.
12023.. £5.0001
Dlreclor8 donatéd a lolal of £14,500 In the y&ar12023.. £14,300).
14-