Reglstered number: 01751385 Charlty number: 287868 CHURCH OF GOD OF PROPHECY TRUST (A company limited by guarantae) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
CHURCH OF GOD OF PROPHECY TrUST (A ¢omp•ry Ilmlted ty guarnnt••> Page R•f•r•nc• and admlnlstratlv• d•talls of the Company• tts Trt••* and ad¥l•w8 Trust¢u' rep¢)rt Indopondont audltorn, rnport on the finan¢lal •tatom statom•nt of flnanclal actlvftl•s 3-30 31-34 35 Baljnce shoot Slatement of ¢a•h 11 37 Not08 to th• financlal slat0m•nts 38-60
CHURCH OF GOD OF PROPHECY TRUST IA tompany knilled by guarnnte•) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, rrs TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025 Trusts Rev T Pv•[1. National Prp5Klry Bishop RevARe Rev J Alhe Rev L R(ywe Rev B Morris. Honorary Treasurer Rev R Veira Rev J Fletcher Rev E Williams Mrs A Tawor Rev P Rochester Rev P Mccalla Rev 0 Bailey Rev M Douglas Mrs G Boyd Mr L Davidson Mr K Schafer Mr J Anglin Re¥ P Barclay Rev R Barrett Mr D C Bussue Mr L Elington Rev L Graham Mrs R McKoy Mrs L Oliver Rev G Revers Mrs L Sam Mr B ReMI Mr L Thompson Mrs S Golding Company regl•ter number 01751385 Charlty reglstered numbor 287868 R•glst•red office 6 Beacon Court Birmingham Road Great Barr Binmingham West Midlands 843 6NN Page 1
CHURCH OF GOD OF PROPHECY TRUST IA company &mii•d by guarantee) REFERENCE AND ADMINISTRATWE OAs OF THE COWANY. ITS TRUSTEES AND ADVISERS (CONTINUED) FOR THE YEAR ENDED 31 I14RCH 2025 Executlve Team Rev T PV1, NatM)nal Presiding Rev M Wilson. Coyirate Administrator Mrs A Taylor. Trustee Rev B Morfis. Honw Treasurer Ms A Mason. ole Mager Mr D Or9ill. Interim Corporate Accountant Rev A Reid. Trustee Rev P Mccalla. Regional Overwr Rev E Williams, Regional Overseer Rèv J Atsdey, Regional Overseer Rev L Rowe. Regional Overseer Rev P Rochester. Regional Cerseer Rev K Schafer, RegiLMal Overseer Rev L Graham, Pastor. Tn Rev N Fletchef. PastQf. Cwtee Rev M t)ouglas. Trustee Mr C Boyd. Pastor. ObseNer Company wr¢tary Mrs A Tayb Independent audltors PKF Smith cOr AlIt Limited Slatutcry Auditors ComertAcK 2 Comwall Street Birmingh B3 2DX BankorJ National w1n$ter Bank 2 St Phillips P Bimwigham West Mithands B3 2RB Ba53ts Bank plc PO Box 16294 1-2 Trinity Chingford E4 8US Sollcltorn Harris & Hwris 14 Market Place BA5 2RE Page 2
CHURCH OF GOD OF PROPHECY TRUST (A company Ilmlted by guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annuaf report together with the wjited financial statements of the Church of God of Prophecy Trust for the year 1 April 2024 to 31 Marth 2025. The Annual report seN•s the purposes of both a Trustees, report and a directors, Tem under ¢ompany law. The Trustees confim that the Annual report aThJ financial statements of the charitable company ¢cAnply wth the current slatutory requiremfrnts, the requirements of the charitable companys goveming documenl an¢J the prOvlOnS of the Ststement of Recommended Pra¢tsce ISORPI applicable to charities pwaring their Onts in accordance wbth the Financial ReFQrting Standard applicable in the UK and Republic of {FRS102) {effeclNe 1 January 20191. Infomialion ts provided in pages 1 & 2 regarding reference and minIstrate detsils of th& Church of God of Prophecy TrusL This Trustees. Rewt IudeS infwmalion wuffed by the C(Mnpanies A¢t 2CA)6 in a Directors Report and a Strategtc Report. The Church also operates ufwjer the name COGOP Trust U.IL STRATEGIC REPORT . CONSTITUTION The Company 1$ registered as a charitable company Imited by guarantee. (No. 017513851. The Church is constituted under a Memorandum of Associakn"on dated 8th September 1983 and is a registered charity number 287868. The Church vras incorporated on 8th September 1983 and eorrfflCed tfadiTrJ on that date. The principal obj'ect of the Churth of God of Pfophery is to wovide public benefit. Advancing rdigion in >[dance wilh the belts arHI pralKes of the Chur¢h of Gtyj of Prophecy Ihereinafter caned "the Church"). Promoting aThJ as5istir¥J the charitable work and purposes of the Churth in the UK wOrldWje. Generate, organise and provide funds in aid oflhe thantable WO of the Church. The Church seeks to increase aarenesS of God's love and presence through strategic sharing of the Christian Faith with all humanity. This, we believe. will inevitably to an expression of his compassion and justice for the oppressed. The Church also seeks to help members Iwn to grow into their potential and discover their wrpose of seThing others and becoming gocrfl neighbcMJrs. ThB orientation ensures that Truslees make deasions and prtsVe prc¥Jrammes that further the main objective5. PUBLIC BENEFIT STATEMEKr The Board of Trustees confim5 that they have met their dulles in strict compliance with the prOvlOn$ of sects'¢ 4 and 17 of the Charities Act 2011. and have given due regards to the Charty Commission's general guidan on public benefrt, n designing. imFdementing cct)rdinating the activilbes of the charity. Particular conseration has been given lo the Charity Commission's supplemèntary pubh'c 9uMJaTrce provisions on tP advancement of religion for the public benefit The Minist•rs and the general membership of the Churth has over the years donated thousands of hours of seNices for the bellefil of the wblic at laje. Page 3
CHURCH OF GOD OF PROPHECY TRUST (A ¢oft¥>any lknhod by grantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT (¢ontknuedl b. ORGANISATIONAL STRUCTURE AND DECISION MAKWG Intomatlonal N•twork The Church of God of Prophecy Trust in the UK is a part of Ihe Church of God of Prophe¢y International, worldwide organIsati Ihat operates in over ore hundred and thirty five countries, wrfh intemational offices located in Keith Street. Cleveland. Tennessee, United Slates of America. The Intemakn'onal Presbyters sel8Ct8d a Presiding Bishop in Juty 2022. who along with seven General Presbyters. proe5 ShareaderShiP for the inlemational Church body. The Church in the United Kingth 1$ 4s0 a part of a Europje lml¥tratiVe grouping. whth is now designated Wider-Europe and the Mithjle East which is guided by a General Presbyter assisted by a 'Council of Elders,. The General Presbyter, in addition to the Presbdwvj Bislw. are eXfficI0 members of the Board of Twstees. The Board of Directors {Tnsstees) exerases W ovw5vJht of the Church as r( fulfils its goveman¢e roles of Strategr direction and decbsion-making. The Bwd corry)rises, in part, stipendiary representatives, by privilege of the Chanty Commission. They are the NatN)nal Bishop. tt18 Regional Bishops {(erSeers) and the Corporate Treasurer. This is based on the argument tt1 their v0fvern9nt at this level is vital to the essential fvn¢tioning of the Church. There are also non-stipendiary re[esentativeS wlb) are Regional Trustees and cOp1eeS who bring specific skills. expertise, and experience. The provi50 is that Ihe non-StiFendiary mernbers must be in the majority especially relating to matters that may raise conkn of interest e.g. Teryns and conditsons. The Board gives an account of the affairs of the Church annua*y at the AGM where atl Chur¢h members are invited to attend and where members of the Trust may vole major decision& The Board has apptyntéd an Executtve Ten whth has operational responsibilities with delegated authority. The Executive Tèam indudes the Nati¢)nal Bishop. Corporate Treasurer, Corporate Administrator. Corporate AceounlanL Regional Bishops or supeNisors. Of[e Manager and other Officer¥. The Executive Team meets on a fortnightly basis to provide operational Magernent to ensure compliance irb respect to statutory qUIrementS and all aspects of lis mission and mirmsty. The Team's woth Is reFKYted regulaty to the Board of Trustees. The Church nett¥ork is sulFdNided wlto seven alministratNe weas (alled 'Regions' led by a Reggonal Btshop or Supervisor Iformalty Overseer) serves all the churthes in that region. Nath)nally. the a 68 churches and 'mission$' (a missicm is a church in development). There h3$ been a major improvement in governance, ¢oordinatsfM. and colective decasionklIg of these churthes wi recent years thrgh the formation and development of 'Regional Forums.. The Regional Bishop or Supervisor (Overseer) moderates Ihis intemiediate, mediating dy. in al regions. Its pulSe is to ensur8 that the reg delivers on all aspects of the corporat• strategy with reference to the region.. rt is lo give a voice and partbipation lo every Igcal chuh. It comprises pastors. regional trustees. I1 trustees. regioThil adviwy board members. regicfflal W0er$. aThJ sp8Gialist advisers. The final key component n ihe Churth'5 orwisational slruL#ure is the local church. Every member in th•'grass roots. of the Church is given a voice in the local Business Conference. held typicalty quarterfy. The thal church pastor 01 designate(I Icensed minister typo wesmles over the conforence. Page 4
CHURCH OF GOD OF PROPHECY TRUST (A company 11ml1 by guarantsel TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STrATEGIC REPORT (contlnued) c. OBJECTIVES AND ACTIVMES Ciwnmlsslon Guldance Under the Charibes {Accounts and Reports) RegalK 2fJ)8. trustees, reports are required to inclLKle StstenI by the charity tnjstees as to whether they have Conw with the duty in se(on 4 of the 2011 Charities Act to have due regard to guidance publw&trth by the Commissb)n. In setting obJ"&tives and Flanning for &thibe& the Tfuslees have gr¥en due consideration to general guid8nce published by the Charities Com&s1on relating to wblt benefiL Church Valu The Church adheres to our Intemational Core Values and advcKates a sel of global Chiistian values, inspired by Luke 10: 2. These are. Pray {ensurin9 that we communicate with God in all aspects of our worship, direction and operations), 'HarrfesV {our focus is geared to tinging humanity into reconciled relationship wth God). "Leadernhlp developmeny (from ehiklho¢xl onwards. we wiu develop leaders capable of delivering on our MISS and vision.) 'Steward8hlp' (i.e. we are not cywners. tMJt in everylhing. we recognise that God has entrusted us with tangible and intangible resources lthal require excellent mobilizatson, management arbj deployment.) 'Servlce' li.e. we embrace transfornptional servant4eadership pnnciples whth seeks to brirwJ relief to the poor and marginalised, social healing and Justi through our sep4i¢e provision). The Church has established key strategic ams and obpthves for Ihe pernd 2020 2030. The key strategic aims of the 202{2030 vish)n are.. Worship, Evawetsm (Inclusive of revitalisats'on and Church Planting), Discipleship {indusive of erShip devekipfftht), Sorial Action and Stewardship. Slr•tsglc Focu• Worshlp.. We will conlinue to raise the profile aThJ necessity of Frfayer and through building a national prayer movement, which is reflected every local church. and championed by our leadership. Flowing from this, our objectives are to continue develowent and greater participation in our nalJnal. international. and Wider-Europe prayer strategy. Continued operab.on of a COTporate prayer CYC and devehjp gIonal intercessory prayer leams. In addition, we will continue to wgage in natK)Tral. regnal and kxal ecumenical prayer initsatives. EVangl$M I chUh Hwlth: W? are proactr4dy becoming a chuwch that bokly and propheticalty prodaims and demonstrates the gospel of Je5U5 Christ in al phases of our pumey of faith. This wll necessitste our intentional focus to become a churth revitahsatM)n movement through prayerhjl analysis, discemmenl and sensitive repositionirKJ of churche5, where required. In additM)n. we will pursue wise church plants'ng initiatives, through loving analysis, strong pather5hips With healthy mlssional parent and resource churches. We wi therefore seek to embrace people of am ethn1"e5. ojure. suE>culture. We wll also repriorilize our corporate agenda to maximise PrtI1 lifestyle evaThJelism. In addition, we v•ill also build bndges and collaborate with other churches arKI para<hurch organisatM)ns. We w1 also plant new churches in every geographic region and become nb)re mi5sional through stronger Cell Church Mtyiistry. In addition, we will seek lo engage 9reater numbers of our ministers schools. pnsons chapla)cy work and in hospitals. We WIN also continue to engage in Home and Iniemational miswons. through OUT mis9$ School. Page 5
CHURCH OF GOD OF PROPHECY TRUST (A company lknlted by guarants•) TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT l¢ontknu) Discipleshlp.. Through our EdrfKats"on infra-struciure SM) and complirnentary h)cal and regional program$ we will be a churth that th'sryples rts ff¢mbets in a way which stimulates holistic growth. which means they wll in- tum di5Giple others alw. Through this infra-structure we foresee our leadership ¢apity Irea&n9 to m8•t the commen$vrate demand through our evangelsalion initiatsves. We pursue orKJowig Knprovement of our Strategic Leadership development Policy. In an atterrpt to sharptrn the fo$ of our leadership capa¢ity and enhance the range of gifts we will idtity. tran and develop senw)r leadefs to oversee all aspects of th? Church's mission and operations as part of our succeswn pnIThj. Our Ministerial Reviw and Discipleship Board has been delegated wh the responsibihty of prOnting arKI facalrtating the new Ministerial Devekjpment Programme (MDPI and other leadership training offered by our wrtemational Sprit and Life Seminary. Soclal Actlon (Compassknate S•rvke).' In alignnw)t wth our Wesan-Holiness Pentocostal roots. we believe that our walk of faith in God will demonstrate God's love in holi$ ways to all within our communities. Integral to our strategic aim lo reach &ross arKI within our communities. each of our local ehurches and regICS will participate in 50ci action programmes. either k¢ally. nationally. or ternatiOnallY. These efforts will be coordinated by oui soc1 AclN)n direct(x to ensure approF¥wte )untablty and cornnnall to our church. We wll partner through FIAFFA wr internat)na development agency wrth other thUhe5 and or parachur¢h organisations to pursue social justice for the OppSSed and marginalised of our comnwnittes. We wll a150 seek to build comrwnity enterpri5e5 Whe liftrchances can be Knproved and build social Capital and well-being by identifying and giving to g¢X causes. We will aso demnstrate our concem for people with diSa'llty ty ensLKing that all our worship gatherings have suitable disth'lity access and hearing loops, Whe possibbe. Steward$hlp'. We wll be a Church that Maxi1$eS its resouTce5 and potential {people. {inclusive of gifts, talents and intsllectu4 assets). propety, money. etc.) In ofder to pursue this Stralegy. we will ensure that all our physical assets are put to greater use across our church netsvork. Thts 11 mean that value-driven projects will be encouraged. We wll aso promote. mantam. monitor review proa¢bve and effecttve risk management systems across our netwth of churche& Given the United ng)m'S faithful ioumey of participatiTh) in otsr intemalicfflal Thwssiffi and ministy. for 71 years and Church of Gc*J of prOphecS rich inteMatical Iwtage of missional work across our globe, we will aim to fully pwticipate in our intematlal church stewardsllip ntalty po&¢ie$. We will encourage our local churches to generate benevolent funds to supwl members who may be in need, and within the reach of their local church. In addttion to this, we wil promote ¥¢ountable national lernalh)nal mission giving through churthes thal are partning wilh other ¢hur¢hes abroad or thI7 the United Kingdom. r Corporate church and administ1¥• offices yrate wthin a balanced budget and ensure that our local churches, nab'onal ministries, and events operate wilhin this pn'nciple. Our National Finance and Audit Committee INF&ACI wll pursue this goal at all levels of our Operati report rts findings to the board of trustees. Integra to our sknvardship is the task of perfornm'ng regular revEws on al our premises and equipment through safeguarding and Risk assessment exercises and wdl put in Fdace effectNe risk control measures. Our regional forums will monitor that regular workplace1plSes inspedions are Perfoed where our churches have buildings. Page 6
CHURCH OF GOD OF PROPHECY TRUST (A company Ilmlled by guarantee) TrUSTEES' REPORT (CONTINUED FOR THE YEAR ENDED 31 IAARCH 2025 STRATEGIC REPORT Icontlnu¢d d. STRATEGIES FOR ACHIEVING OBJECTIVES DuriThJ the year, the Church focussed on the area of stewdShIp. in addit to the other objectives. The Church has btsn able to maintain its charitstle activiti.es for publK benefft outhr above. Key perfmnce measures e as folows.. Strat•gie Focl Key Motri Ensure strategic cash management Cash flow.. maintain a conStrti¥e rela1shiP belween k)cal churches and Corporate Administrative Offre {CAO} {demonstrated by fLxal church tumover. monthly remittances. Grfl Aid daims and remittances to CAOI Developed Human Rescmjrces managerwit (HR) Improve internal and exlemal communicalion Further developmenvconsolidation of Regional Forums Development of the website {intemal ald éxtemal participath)n) CommunKale progress. gratitude and need for conts.nued supp(xt INTERNAL FUND GENERATION Maintenanceldevekpment of trthing and offertng and Gfft Aid Consideration of income generabon pyojects associated wth uThJerutilisation of current properties. (Eden Solutr'ons) Crilicalty appr8ise and enharKe Events Mwement Re-focus of events on the bass of a rporate annual event F4an Exercise effective CORPORATE DISCIPUNE Ensure legal entstres assoLiated with the Church have proper approvals accountabilities in place Resoarch and maximise EXTERNAL FUNDING •. MAIN ACTMTIES UNDERTAKEN TO FURTHER THE CHARITYS PURPOSES FOR PUBUC BENEFIT Voluntser8 Our Church is grateful for the generous efforts orvJoirg and grace of all its ministers and members who volunteer. and are invoNted in our core service prowsion. charity activiiies and WifencIng. Across our 68 Churches and tsvo missions. it is estimated that over 442.0(KJ volunteer hwrs We provhjed during the year. If this is conservab.vely valued at £10 an hour, the financial value of volunteer effort amounts lo over £4,420,000.00. We 8trongty encourage all our Churches to appreclate the voluntary Conlrlbutlons from our mernbers which have provlded the foundation and superstructure upon whlch our church In the Unltfrd Klngdom has bgen bullL Page 7
CHURCH OF GOD OF PROPHECY TRUST (A Company Ilnwt•d by gu•ranta•) TRUSTEES. REPORT {CONTINUEO) FOR THE YEAR ENDED 31 IAARCH 2025 STRATEGIC REPORT (contlnu•d ACHIEVEMENTS AND PERFORMANCE REVIEW OF ACTMTIES Through the various reFrf)rts of the Church accwntaiylty and repcrfling measures {local, regional aThl corporate} we are able to report frdclu• and anecdotsty as ft4lows: Corporate Ministy Depwtnnt: Women Ministy Led by.. Rev. Joyce Fletcher & Regional Wcw Ministy Directors The overall mission and vision of the nlsty MISSION Connected for Purpose exists to emp¢Mr women to brKlge gaps. Iwld meaningful Connec1w$, and fostsr unrty-auoss nations. within our county. w) our reg)ns, our k¢al comunilies-to advance God's Klngdom. VISION Connected for Purpose en¥Trsions a tsaI crynmunrty of Worn e equyped and émpowered lo lead Mith purpose. foster UW. and transform liv¢s through Christ We strive to raise errIng leaders. nurture spiritual and personal growth. and create saf•. supwtive spaceAocalty, n'onally, and internationally-through retreats. connection prograrTLS, prayw, and care initiatives. Together, we am to build a legaw ot faith, compassion, leadership that a(Ivan¢es God's Kllwd generations to coTh. Goals 202>2025 SUCCESSION PL4NNING EMERGING LEADERS EUROPEAN NAMONAL WOMEN RETREAT CONNECTED FOR PURPOSE CONNECT PROGRAMMES BEREAVEMENT CARE SINGLENESS PRAYER REACH IN I REACH OUT I SUCCESSION PLANNING Devp1opmentfftsA•ishrn8nts 1. Development of our fit Intemalimal Women in Lealershy Lund)eon A space to honour, equip and connect womw leading in Church. business and ¢ommunity. A space to support emerging leaders and supwt the roleS of younger women. Progress Able to organise our first Intomational Worn in Le*rshy Luncheon Hosted by Shermara Flet¢hw. Principal Offiw for Pentecostal. Chartsmali¢ and MUlkn'-Itural Relations at Churchgs Together in England, a djaMie nNllennial. Page 8
CHURCH OF GOD OF PROPHECY TRUST
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CHURCH OF GOD OF PROPHECY TRUST (A conwry Hmftad by guarnnt••) TrUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REpoirr Icontlnu•d) 2. Develotmnents I Progress AccoMplishmts Oelivered Europ and WKler Europe Ladies Retreat May 2025 Over four hundred women gathered this May in Leicester UK for a Wthr European & Mvjdle East Women's Conference-a remarkable milestone held C UK s(Ml. Over three Vibrant days. woman from eight European countries. Germany, Finland, the UK Belgium and the Netherlands. Czech Republic, France. Bulgaria representing the 23 nations across our European netrth wth active and growing churches alon9 th participants from Nigeria & South Africa. Asia. and the USA, tiwjether to glorify Ajmighty Gr¥J and strengthen HIS 'rjd0rn xross COntents. A Gathering Uniled in M'ssi AnChOd in the theme "Connected lor Puw," the nferenC drew SpiratIon from Ephesians 4.'16.. 'From him the whole body. and held togettw ty evwy supporting Ivjament. gr¢r and bulds itself up i) love, as each part does its Just as scripture reminds us. every part of thé Body of Christ is essentraTr) rcle tco small, no calling in$ignifi¢anl. Through intentional conne¢#ion, the women of this conference Gommitted to partnoring in mission. fulfilling the Great Comnissbjn xross natior, culiures. aThJ o)ntexts. A Puwerfrjl Pre£onference Lu The event kicked off with a pr+e¢4)feren lu•Kheon for SO in leadershifrcm faith communili8S, publ. private. and statutory $8ctors. Notsble 4)e&%ers included Dr Cathy Payne. Global Missions Director, whose testimony spanned a ministry of over 50 years ¥j SeiCe n more than 120 countries. Her journey of overcoming obstacles and barriws galvanized the ro()ffL Also en¢wraging the leaders was Dr Cheron Shespear•, whose story of perseverance and resillence resonated deeply. equipping attendees with pYactKal tools for leadership journeys. The takeawW Bold emp)wermen( aclh)nat4e stralegies. and deep camar•Y¢fie. Deep Connections & Courageous Conver5at#xs Friday evening and Saturday featured Conned GrOU11tiMate. lIned safe spaces where women shared journeys. celebrated victories, and navigatéd chalrys togettTrw. lded by skilled fxilitalors, these small groups nurtured trust, healing, and 5Fttl growlh. Page 10
CHURCH OF GOD OF PROPHECY TRUST
IA company knited by guarants•)
TRUSTEES, REPORT (CONTINUED>
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT {¢ontlnu•d
Four powerful workshops follry+fr f{KUse topics Ihat matter. One particularly moviig session. "You
Call Me Mum.. addressed the emots.onal highs aKI of mothethOc#hWjhlIghtIng stories of women
experiencAng childlessness arKI the church's role in supryI and pastoral care. The atmosphere was electrifying
and empathetic, wth both pain and represented in the roo
Celebrating Sisterhood and Service
Saturday evening marked a poignant moment as the corrferen hwoured Dr Cathy Payne, who will be Stepping
down from her Intemational Global Missions Director role wihin The Church of God of Prophecy after nearfy 60
years of ministry. She gave a very touchiry rTrNng interview Ihat will rt be forgotten. After 8N her rymnistry
she said it was all about GcJ, His Gbry. His honour.
On Sunday, dressed in vibrdnt pink, more ihan 100 women fomd a pop up choir led by Melanie Endi
IEuroFelUSA), delivering a stirrirvJ anthern of unty and purpose.
Dr Payne closed (xrt the retreat th a deeFy emprywerin9 Irw..
Stand firm in your space. Be connected. Be ld. Be emFWyereuse God has a purpose for you and will
tIng you to your fullest potential.
Why You Should Join Next Year
obal Sisl&rhood'. Connect with women of drrferse b*rr)urKls. untted ¥1 faith and mission.
Spiritual Renewal.. Gan practs.l tcds through worship. fellowship. worf
CHURCH OF GOD OF PROPHecY TrUST (A ci4npony Mmlted by guarantMI TRUSTEES. REPORT ICONTINUED) FOR THE YEAR ENDED 31 IAARCH 2025 STRATEGIC REPORT (contlnuedl . èy*J Page 12
CHURCH OF GOD OF PROPHECY TRUST (A company Ilmited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT Icontlnuedl Page 13
CHURCH OF GOD OF PROPHECY TRUST (A conwny lknlt•d by guarantee) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT Icondnu•d) 3. Developments I Pro9ress Acccrfnplishments WOMEN'S MINISTRY PRAYER TEAM In nce with the five core vall$ of the Church of Gtyj of Prophecy. prayer remains an ossential part of the National Women's Ministy Tewn. The National Wcrfnen's Ministry Prayer Team is led by Pastor Gloria MeGowan. Team members consist of the Regional Wcnen's Mtyiislry Tean Directors and members of the wlder team. Prayer Moetyigs a held monthty arKI cover a range ol themes some of IlUd9.. Our church Lèadership intemational, natitinal, regional and Il1. Up Coming Church Events nationalty and intemationally. Civic Leaders including our govemment the dtfferent departments for eXPIe He4th Soaal Services and Education. Families and the strengthening of Mamiages. We prayed for the singbes for God to wovide suitable spouses for those desirous of marriages. For our children and Young People, the Elderty and vulnerable in society. the sick including those with mental healih ISS other specitK requests presented lo the team. The team have received testimonies of healings and of mamages ihat have taken pl& provin9 that Go(1 dces hear and swers prayers. The National Women's Ministy Prayer Team works ryi o)NabcrfatM)n ¥th the corporate wayer team and tske$ part in events oryJanised by the Natal Prayer Team. One highlight for the Prayer Team thi5 year is the invoent of membors of the Women's Retreat Planning Team for Wider Europe and Middle East in the PraYS for our retreat this year. We plan to extend this into the fc¥thcoming years. 4. Women Connect Program8- Online Women's Connect s@s 2025 The Women's Conneci Series. aired on the last Saturday of each month. continues to provide a wbTrnt platlom for faith. dialogue. and empowennwt. Although this initiative is r¢oted in c4Jr thurch il reaches far beyond, the series addresses issues that matter trJ women, famiks. arrfl ¢OfMiunth& Progranvne highlights Wde celebrating faith * lew (Saluting Our Sisters. knchored li HIS Word.. Declarations for 20251. addressing family welng (Motherfs Day Swial, OeThntial, atKI exploring practical and tOFical themes (Chri$trna$ on a Budget. The Al Debate). Heritage and identsty have been highlighted through our Black Hffjtory Month Special Reclaiming and Changing the Narrative. while inGhJsion and diversty have featured in n¥eat1$ on Neurodiversity. C(Knmunity imwt has also been Showsed through The Dorcas Story aTrJ the Connected for Purpose edits. Pa98 14
CHURCH OF GOD OF PROPHECY TRUST (A compny Iwnitod by guarants•) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT (¢ontInu) The series has induded chIdn young peo who have pwtv"pated as hosts and panellists" ntribUtorS have been drawn from across the UK axl l)eyoThJ our denominatton: and exFert vol$ have enriched oui discussions. By bringing together spiriiuality, Slar aweness. and praclical insight, the Women's Connect Series, we believe. is a tynamr and evant voice-one that continues to Ins"re. chalbenge. and extend its reach bgyormj our church borders. We have collaL)raled with oth¥ Ministy Director5 such as Prayer, Worship, Mens Ministy. Youth and Social Action and as we move foThvards be collatorats'ng with women across Wider Europe and other nats'ons in achieving our vision of connected women in advanang the KiThJdom of God. 5. He4th aTrJ Wellbeing 2025 Christian Nurses Neiwcrfk The Christian Nurses Nefvvork contwiues lo stand COGOP UK, offering support whenever and wherever it is needed. Currenty. the team is reorgartising in preparation for Corporate Convocation 2026, while also respoThJing lo requests from other churthes arthj organisats.ons for assistance with wellbeing checks and related services. There remains a signifi&t and grThving deMd to aldress the physical. mental. emotional. and psychological needs of our brethren. This highlights the IMF)rtan of embraeAng a holistsc nN)del of health and wellbeing-not only for our members and wider ¢omrNnty. bjt espeudly for Ouf ieaders. who often carry the heaviest burdens of reskKsnsibi&'ty. The outcomes of basic health checks l ¢linrs condKled in recent years have cleaty demonstrated that our leaders in particular must give greatsr attenkn to thr own health wellbeing. AS a ministy. we believe that nurturing the wlKAe persb0, and spwit4s essential if we are to rernain effectNe in advancing the Kingdom of God. Actfvlty summary External engagements Enga9ernent wrth Testament Church of Gtrj and knging links wilh other National Women Church Leaders. Our di¥cu53ion was of great ImFanCe. cantering on the devebpmenl of partnerships with other National Lgaders and the creats'on of opwrtunities for CollabNat through joint prcgrammes and events in aa$ of mutual interest Pathular emphasis was pLqc*d on Ihe vahje of sharing good practice and mutual learning, èspecialy in areas such as bereavemenl supp)rt. care for the spouses of PastOTS and Ministers, and the coordinatsd plnin9 of nt inilialrrfes that wil slrengthen and sustain leaders and their families. "Developing partnetships 7Mth other National Leaders and opportunities for Collaboration for joint programmes areas of mutual interesfs ic¥nt events. Areas of gwd practice Whe we Can share and leam from each other such as such bereavement support support to srK)uses of Pastors Ministers for exarnple. Support for Pastor Spouse, Bèrèavement Care arKi pnnIng forpint events. Page 15
CHURCH OF GOD OF PROPHECY TRUST IA c(xry)w Ikn•d ty guarantee) TRUSTEES, REPORT (coNTUED FOR THE YEAR ENDED 31 IAARCH 2025 STRATEGIC REPORT Icontlnu•d) Other key eThJagements Engagemenl V4th Compassion UK. SpJnsor5hip Sur4)crft 2024 'ble Society. Buikling relationships throu rrwting sharing the WO of National Women Mlnistry COGOP UK a1 seeking addiknl sp1$ for 2026 bey¥] Pentecostal Credrt Unn Assemblie5 of God Budget performance We vRr8 atle to cover all expenses related to the conference arKI to make a financial donation in support of Youth Ministries in 2025. Key risk Not hawng enough human resource to p[rt the dthery of new prOgraMff also time and ¢apa¢4ty to deliver. FLrture plans To embed the vision and Mission. embed the key goals across our regions and to deveky further nnectIonS across Europe and WKler Europe as weu as other countrièslcontinents 1. Oeliver wer European Women's Ccffiference 2. Oevelop Connect online to incorForate Europèan wow in a nKYe consistent way 3. Embed the Connect programm across our regions and introduce to EuroFean Women 4. Roll out the Bereavement Care ProgramrrE and raise the profile and need S. Build Health Ministry fijthèr embed in all of our wogrammes 6. ldentr.fy a programme that supports ely1n9 Won leaders in partnership with oiher key National Women 7. Buikl on the Montw prayer with Regional Wofflen Directors to incjude women from Wider Europe and Middle East prayer Addibonal inf0mlon The National Women Ministry Directcrf UK is underlaktr¥J an Institute in Leadership and Management Programme {ILM level 7) f(Kusing on ExtiVe level C¢)a¢hing and nIOrIng. Part of the requ1rerrnt 1$ to explore how to introduce a coachin9 and mentoring approxh across my workplace whi¢h is something l am very much interested in partic#Jlarfy as part of the devehynent of Women Famity ministy organisatr'onally as we look al successicffi planning and leadership developnrt for effwjing lderS Vote of thanks I would like to expKess my Sincere grntitudé to Bishop Tedroy PtY4ven for his kind suppcyt to this ministry, and to his wife. Minister Atyne Powdl, for her dedicaled leadership pwtipJlarty wthin the Wider EUron Confererte and to the European Planning te members for their leadetship across their nalions. l also extend heartfelt thanks lo Pasto &oria M¢Gowan and Maureen Morris. who have faithfuly sen1 as my deputies in this role and have been an integral part of the top leadership team. In &Jdition, I wtsh to acknowledge our Regional Women Ministy Loadérs, whose lireless efforts within their regic$ and steadfast support at every level contsnue to strengthen this ministy. Page 16
CHURCH OF GOD PROPHECY TrUST (A company 1knIt ty guarnntee) TRUSTEES. REPORT {CONTINUEDI FOR THE YEAR ENDED 31 RCH 2025 STRATEGIC REPORT IntInued} l am gratèfvl fcy the assistance of ry neAty apwnted Personal Assistanc Daryna McG¢)wan, 0$e commitrnent ha$ aiready proven to a blessing. and for the Women's Conference Retreat Planning Team, who work diligenlly to ensure the success of our gatherings. My thanks also go to the many volunteers who. over the years, have givon of their time and energy to suppcrft the ministy in various capacitie5. A speaal word of appreiialion must be gFven lo &ster Denise Baiw. who faithfvlty served for more than sixteen years as my PA and as Head of the Retreat Planning Team. Due to health reason5. she stepped down last year, t her legacy of excell8re and devotion contwiues to inspire us all. We aso take this opportunity to wamty welo)me new MberS to the team. Sister Gerry Vwra has taken on the role of Head of Hospitality, while &"ster Audrey ha$ stepped into the wsition of Operats'ons Director for the Retr&8t Planning Team. Their gifts and dedi(2tion are atreaty makiw a meaningful impacL Together, we remain eommrtted to advancing the Kintykni of God. Lwikjiry upon the fountjations laid by those who have gone before us. and n¥Ing fopKard wilh reneed vision and purpose. CorFuate Ministy Department: Cryate Prayer Minislry Led by.. Pastor Heather Aldr#lge, Ministsr Candiece Henry. Sthr Loma Peterson. Minister Jean Fullerton R8gional Prayer Coordir)atrys Reg 1 North- Minister Annette Denni$ Reg 1 South- Minister Freda Rochester Region 2 - Pastor Pauline Cosgrove {dops Th)t wish to be reappointed to the team) Rlon 3- Minister PaUle Burey Region 4- Mini5tei Candiece Henry Region 5- praygr team Region 6- Carol Bartley Summary of activitl•S 28 January 2025- 21 days of wayer and fasling in line wilh the intemational church directive InGluded 21 mornings of 5am prayer with 21))+ most nN)rning connecting online Culminalin9 n Corp)rate Prayer Day. 25 January at Atwdeen StreeL Approx 500 in attendance Every 3rd week of the month. led by Minister Jean. 7 days of morning prayer at 5am has continued since July 2021 {4 years) May 2025- Prayer Watth leathing- 4 weeks teaching by Minister Ricardo ChTiStopher. 103 in attendance Corporate Prayer week- 122 May, 4 evenings 11-12 July. 24-hour prayerwheel. Average of around 100 attended each watch 7 October, 2 nights of corporate online prayw- Ministers lo le&J the Fxayer on both nights 17-19 Octobèr - Corporate Hoty Ccrfwoealim. pw team to lead prayer. Saturday and Sunday morning and altar workers Prayer Retreat, 2&30 November at Leonardo Hotd. Weekend of 12-14 December. the ¢hurth is encouwaged to partTrcipate in 'Shine your Light. outdoor seNices in conjunctM)n with the National Day of Prayer - Jonathan Olyede. The aim is to have 200.000 Christians participating in outdoor seNices to reach 2m11 people. Local Churthes that participate a required to register so that a ycture of the locai¥)n there ServIS take the can be do(yJmenled. Page 17
CHURCH OF GOD OF PROPHECY TRUST IA company 11m1t by guarnntsfr> TRUSTEES. REPORT {coKf4UEO> FOR THE YEAR ENDED 31 fwicH 2025 STRATEGIC REPORT (¢onlthuod) Feedback on prayer activities thThghout Ihe Reghy We have teen blessed over the years to eyienL a real shnl in throughout the county. The followng we the reFQrts received from the two wayer coordina, meeting.. Prayer meets'ngs in care homes. pr, sdM)ol assemblies. nOnurched homes Prayer walks Local church prayer d L¢xal cttuh prayer retreats Prayer soaks taking place n small l(Kal wayw gr¢)ups Prayers are becoming more focused using Scriptu5 Churches together meeb'ngs tsoint denoffinational meetings especially around Easier) Prwr breakfasts, regionaly and locaNy Joint prayer meetings wilh other MlSleS i.e. missv)n evangelistic teawts askwig prayer teams to participate Regional prayer megtsngs Pastor Errol leads an On? men's monthly prayer meetir Prayer 5es5ion¥ have become an integral part of the start of al w0h1P servi. te9N)nal meetings. et Going forward The team is to be commended for their contributv)ns arKI effort in enabling the prayer WVeMent to be wthere it is at. Much prayer and fastirs have taken place arKI will cty)tinue with the leading of the Holy Spirit and being obedient to the leading of the Lord. What has been a¢hved 1$ because. as a team. we have been obedient. and the fruits are evidenL Over yws. as a prayer movement we have 1ved numerous pro0¢ words. messages, and testiffK1eS of healing and deliverance. Unfortunatdy. hw•e t been diligent in capturing these and this will be one of the key areas to athjress. To address this.. A prayer scribe will be appoiited to capture what Ihe Lord 5har8s, and this be circulated to regional arKI local Fyayer leads to continue praying into. We wll be activety encouragirwJ testimonw to be shared. TesfinN)nies where wè are alwed. and answers to prayer. wll be put on the corporate website under the prayer seth"on. 7 days of mrning kYay?rs to continue. 2026 will be a year where rne wayertraining wll take fv Ix)th rgJionally arKI online. Regional and h)c81 prayer leaders will be strlY encourw to fi1 a successor and or to mentor FwJtsnlial individuals drawn to Ihis ea of Thmnisty. Corporate Mlnl•try Oepartm•nt: Youth Ministry Led by: IAlnl•tsrfs Dwan• and Rach•l McKoy Youth Ministry Mission & Our mission is to foster skNriiual growth in Yrj people. ewing them to live Christ4ike lives aNI develop deep relationships with GcJ. The visM)n is to 11 a vibranc f*Nriven ywth community that impxts church and society. Page 18
CHURCH OF GOD OF PROPHECY TRUST IA ¢0MnY by guaranto•) TRUSTEES. REPORT (coFmNuED FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT {¢ontlnuedl Developments & Accomplishments This year saw greater labornn wilh the national safeguardiThJ team. partilaty in preparing a comprehensive parent pack for CAMP 2K24. PrarT) parent meetings were held to ensure safety and transparency. Regional ¢onvc¢ats"ons featured ttynn Wshops. wrth y(wth leaders stepping up to ewage in ministry aclivilies. Collat)cYal 1. Women's ministy. Ra¢hel was a host at the women's retreat arKS led a connect group session 2. Men's Ministry". Dwane 1$ workn.ng dosely vthh pastr Errol to activety promote aThJ help assist with the UF¢oming men's ministy retreat Both ministy leaders were part of a panel dISsion at CAMP 2K24. Mintsty Activity & Ervjagement CAMP 2K24 was a key hjghlight. focusing on spiritual 9ruwth. W(shops, and OLrtdwr activities. Youth from various gIonS pth'cipated in worship, leadership training. and community outreath inikn'atives. WhatsApp channel for kal youth le&Jefs lo help Yath areas that d.1 have active regio[1 youth dire¢torn: Currently has $7 members. Key Mlle•ton¢8 Successful hosting of the national 5u cary), CAMP 2K24, attended by youlh from 0$$ the UK There were opportunibes that arose from Ihe car. BiblKal understsnding we now have a tN4Yeekty bd)le study online via YT arKI Zoom Lack of Mlentity and self4¥orkn (females) one of the carrp staff has wt a six-week (x)&hing session for females 11-18 and is about to Lwin one for the older youth 1PA5 3. Youth Director has a Mastels in dlts1 theology 4. Expanded on another volume of'what's next?. bwklets tyth a NNThat's Bapts'sm versi Which goes through every aspect of baptism.. and a Common heresy booklet to assist the youth navigate what ts)uld t¢ seen as grey areas. K•y Rlsks & Issu The major risk is finanual instakn"lity, with a crisis thnmng regarding whether to proceed with CAMP 2025. Without addithjnal funding. Unk8 the regtonal structure that has ndS availabl8 national isnl set up like that. Still rK) websrte presence <3 years c) WKI onty have access to sccial media pages %thich we have created. without a website. we'r6 mwing out on rehIng a huge number indrviduals who could engage with YM Regionals. Plans We aim to ntinue OUT ft)cus on leadership development and youth outreach. However, the priority w1 be addressing our fvlanaal challenges. with a fccus on fundrain9 and resource alc¢alh)n to ensuTe the continuation of Vot81 WogrS like our annual camp. Page 19
CHURCH OF GOD OF PROPHECY TRUST IA compny lknlt•d guarnnta•) TRUSTEES. REPORT (copillNUED FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT le(ffitinu•dl Speelal thanks to the new national youth operathS te. the nationa safeguarding te and local Y leaders for Iheir invaluable conlribui#)ns this y. Corporate Mlnlgty Departmentr. Soclal Action Led by: Rev. Maxlne Ihugla•, Soclal Action Div¢ctor Theme: Salt and Llght Mission statemenl Shining God's light into evwy hfe we trAKh, uniling communities. uphfa'ng the vulnerle. and fostering a society rooted in Co35s)n, justice. and faith." w10n Statement o a bean of hope and traIallOn Core Values Living In God's Heart Together Core vaue is built the fckning tAblical form:_ Jesus said in Mattlww 5 1 >16 that we st of the earth" aThJ Ihe light of the workl.. Being salt and lit is not opts'onal. 'We a a team thal 1$ committed. wilh substance. passion arHI purpw that wll te the SALT of our sOcty preserving, reconciling. Ilavouring, giving meanrfj where there is no rnlng. giving hope Whe there is no hope and being a vcrte to the Vol We will bring the UGHT of God into the INes we effect by becomg inf0md and in¥ofved in current legislation and to inlluen¢e govemment FiJIiLyes ihat impacts Jr nation's Th1 and social issues. Goals 202>2025 Raise awareness to attract mcye churthes opened to provtrje wann SPaS Support churches to deliver social action programm Ministy progre5S Redu¢• food povety The Church of God of Prophecy thlresses po¥erty in the COnIty through vaiic4Js inttiatives, including.. Food Banks.. Pro¥ing fc)d supplies to those in need. Clothing Banks.. Offering unwanted ck)thing. espec• for thldren, ywng pe(yle. and widmduals seeking attre for job interview& Debt Referrals.. Supporting indivKluals with debl-related issues. Counselling and Advocacy.. H9 people rwwate challenges and advocating for their needs. Benevolent SupFK¥t.' Assithg famil wth utthty co* to mainiain a decent standard of Itving. These ongoiTrJ efforts relieve poverty holith SUFWrt to strwJglwig iThJivwJuals and farThlies. Page 20
CHURCH OF GOD OF PROPHECY TRUST (A comp•ny lknlted by guarantv) TRUSTEES. REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT l¢ontlnu¢d) vtimS of Homelessness The Church of God of Proptry vidJm5 of IN)meneSS. particularty ihose Ileeing from domestic abuse, by ensuring they have a safe space to rebuild their INes. Their supp)rt indwjes.. Feeding the Homeless.. Providing meas to those in need. Referrals.. Connecting individuals to appropriate services and soUrCeS for further assistance. Safe Spaces: Offering secure enNllronments for victi.ms Ofdon abuse to ¢0¥Pr and Tegain stabillty. These iniknatives address the grIng preSsUS of horneknness and provide hope and SUPF(trrt lo vulnerable individuals. Comrmnty Dtys During social action community days, the Churth of G( of Proplw engages in outreach activities and servicè5 that focus on rebuilding communty cohesion. These indude.. Community Meetings.. Bringing pe( tO9ether to address local issues collaboralivety. Outreath Days and ser¥eS.. Hosling annual communty fvn days to conneci with the community and provide support. Responding to Ltxal Issues.. Working tcsetlw wih the Conwnunity to tackle callenges and foster unty. These initiatives Strengthen relalMJnships within the rnMunty and pro¥bJe IM)listic support to those in need. Reduction of IsoklKn and Loneline5S The Church of God of Prophecy reduces isolation aThl loneliness through the following inibative$: Ring and Chal: Making phone calls to connect viith iThlividuals who feel isolated. Vistts.. Visiting people at their homes to offer companionship and Support. Assistance with Shopping and Apw"ntrTrents.' Helping individual$ with tasks such as gr(w 6Wping, hospital visits, and dental appointments. These efftirts provide relational support and foster a sense of c<M)Ynunty for those who are shut-in or lonely. Activity sumrrery Moss Lane East- Luncheon Club FirswotxI- Community Café & various wellbeing sessions Farm Street, New Southge, Jubilee Community &JppcKt, Plaisttrw, Nechells, Leeds. Aberdeen Street - Food bank. S(wp Kitchen. community day Derby, Acocks Green- Warm $pa¢es Budget performance crate Iome.. £22.6K Expendrture: £57.4K Key risk Obtaining infomiation espech?ty data relab.ng to so¢1 act)n initiathves that local church is beiry delivered. Pa9e21
CHURCH OF GOD OF PROPHECY TRUST (A company Ilmitod by guarantee) TrUSTEES' REPORT {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT {contlnu•d) Future plans Encourage churches to have an annual c(ry1ty dwy, afvertise in the ¢cKnmunity where ihe churGh is sited. Encourage and support k)cal churthes to IlkI in yayer evangelism in their COMffnity fvn day Encourage local churches vtho rent to ¢SIder conThunity asset transfers Social Action Webpage to te devebped soua acbon initialNes Vote of thkS Ms. J. McNeish from Ihe Ban Centre in a good exanple ol helpry the c(MUnty in Firswood. ManGhester in a practi1 way. Corpor•lg Mlnlstry D•partm•nt: Chllthen L•d by: R•v. ma011• R•ld; Safeguardlng Dlre¢tor Mission statement The National Children's Ministy team see chiklren as a Iw and heritage of the Church. Through training aTrJ engagement, we hope to invest our time and resour¢e$ to minister to the childr•n at their level. To make a lifelong impacL the church should wovide an atmosphere of urthndith)nal b)vg. while at the same time teaching children appropriate Chrtstian t)jndarie$. To deliver a robust training to all teachers so ihey e equiFvd to rne8t the unique needs and leafflg style$ of¢hibJren. "Let the little chIldn come to me..." Matt 19.14 Vision Statement The visw)n for the ChikIn,$ Ministy is first and foreffKJst for it to be a place where the chiklren want to bel The children must experierKe the extraordinary. extravagant of God and know that He wants to be ther friend and Saviour. Through worshp. prayer aThJ bible teaching th•y must enjoy the awesome preser of G¢>J and la¥te and see. that He is good. Their gifts and talgnts must be enc. aHI OPFQrtunitio$ given them to grow and lo serve in the Kingdom ofGod. Core Values Developng leader& disciF4ing children Ministy progress Develowients ChIdn led Illuminale sl0n To create a Children's Ministy newsletter To have 8 ¢hildren's ministry page on the COGOP websit8 To create a good practices booklet the CorpNate Safeguarding team Ad4)ting the teacher trainmg program utilised by the Ifiternati Chilthen's Ministy team Progress Children to create a logo that rèpresents the thildfen's nmntsty Page 22
CHURCH OF GOD OF PROPHECY TRUST IA ¢(xnpany limlted by guarant••) TRUSTEes' REPORT (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT (¢OntInu Accomplishments Attendance at ICM and GPI Engagement with Intemational arKI European Chthlren's Ministy Dtrectors A¢ti¥ity summary 2024r2025 Children utilised their 21 days of prayer bco 15th January 25- Corporate prayer eveniNJ with the Youth Ministy 25th January 25- Corporate day of Prayer at Aberdeen Street Key milestones KPI 1 SEND workskw for parents and tea¢hers KPI 2 Appointrnenl of the Wider European and Middle East c(y)rdinator in 2024 Rebekka Leschanur KPI 3 seeiNJ the childffjn grvwin9 4Mlitualty during events SLth as Illuminate, prayer Budget perfomiance Income.. Spec4al offemg gathered du1v Illurrinate sess•)n etc Expenditure.. goody bag for ¢onvo¢ation Key risks Introducing good praCteS in chik1n.$ ministy in accordance Safe9uardiThJ policies Dline in children's numbers across the regions To gain an insight into regN)nal ivths and she with national team Future plan3 Chddren's Day June 26r27 with one day all churches coming Wether Regional leaders engagement seSonS every quarter Relaunch Of Connect 6 series for every Chiklren's Mini5ty Worker SEND nethmork across the UK lo uts'lise the 95 $ther developed by Scripture UnM)n Gospel Fest to be used across the UK Additional infomialiL Region 1 North- Minister Dawn Ellington Region 1 South - Sis Bev Drurn)nd Region 2- Minister Christiana Trolman RegK)n 3- Sis Karen Baett Region 4- Minister Gracey Collins Region 5- Pastor Sandra Schafer Region 6- Minister Claudette Wright Page 23
CHURCH OF GOD OF PROPHECY TRUST (A conyny Ilmltod by guarante•} TRUSTEES. REPORT {copillNUED> FOR THE YEAR ENDED 31 MARCH 2025 STRATEGIC REPORT {eonllnu¢d Votes of thanks We rId like to offer thanks to all our Wond chik1ren have contributed in our acbvibes in thè past uple of years. Thank you parents and guardians who have Ixoughl their chiklren to thurch - May God bless you athy5. And a G thank you to our chiklren's miiisty leaders and workeTr who sacrifice their time In teaGhing our ¢hildren for a small amount of time on a Sunday the word of God-'And let us not grow weary while dcrfng wod as for in due season we shal reap...Gal 6..9. Safeguardwig Pdicies This policy has been comF4eted aml is being knked Ihrough by the team with a view to sTrgn off. Children's new in draft and beirvj proof read wrth ams lo revi. The 2W20 policy is still reVant prc¢8dures still in order. Goirwj forw DevelopirvJ carirvj strategies to work survivors of aSe. Having dear protocols as we work d¢)5ety with those exiting pr$ and choose to attd our church&s. Offering Pastoral Care1profeOnal wunseliTh3 to Su1VorS of abuse. Reviewing how we work together 51rategicalty and trwrenty. Understand9 trauma after an abjsive experience. Understanding the Mentsl hgalth inpact of historKal aljuse. Ensure the whole churth has accessed safeguarding training. Work towards al chur¢hes haviTrJ a designated safeguthing lead or Ing as an umbrella to a smaller congre9ation. Respond promptly to every safeguarding concem or akgakn. Evaluate and review to ensure best prafAice. To raise the profile of training. Build on the positives. leam from our mistakes. The is so much to leam, implement and mve fomard. l ¢hurthes lo have designated safeguarding lead, this must be displayed on our church noth.ce board. Move foMafd together cwing safety for othern. It is rnt optiwl. Safegrd9 b ev•ryoTr•'s r••poMlbMKy. FINANCIAL REVEW a. Golng concem After making appropriate enquilies, the Trustees IVe a reasonable expecth'on that the Church has adequate resources to continue in operab.onal existerKe for the foreseeable future. For this reason. Ihey continue to adopt the gong c0M basis in Fwaring the ffinaa stateNEn b. Regervo• pollcy The unrestricted reserves of the Church of God of Prophecy shoukl be SUffict to eover any an11pated rational costs for 12 months in order to ensure continuity of service shtsd the trusl experience any financial difficutties. Thi$ will be reviewed annually and shouhj be considered in conjunction with the risk register. Most of the Church bU11ng$ that are owned by Church are of an ofvJer type., therefore. the Charity carries a reserve of fvnds for repairing and maintain9 existsYJ buibJirtsJ& Pago 24
CHURCH OF GOD OF PROPHECY TRUST (A MpanY Ilmlted by guaranteel TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2025 The level of cash resetves at the balae sheet date are £4.5m (2024 - £4.2m). The Tru$lee$ of the Charity in line with the Debt eradicatim programme seek5 to d"gnate unrestricted cash reserves to the maintenance of church properties and reduce long term debt The Charity has restricled fvnds al the ance sheet date of £207k {2024 - £166k) these resetves are for the lunding of church relaled rrmssion wojects around the world and a property dOnat)n on the basis of covenants in the lease agreemenl. ¢. PrlncWI rllks •Dd uncertalntlos The necessary steps are taken to ensure that rf for any reason the NaIm)n Bishop becomes incapacitated, the General Presbyler for Wider-Europe and Middle East woukl immediely assume direct responsibility and would effect a selection process lo reF4ace hin in accord Church of of Prophecy Ministy Policy and aided by the Executive Committee. In all regions of the orgaDisatK)n. there are Règional Bishops or Superyisots, are SUPFQrted by an administrative team. In every congregatK)n Ihere pastors, with a support team. The Memorandum and Articles ofAssooation We afftnded lo indude local ehurth tStee9 with dekgaled authority from the National trustees of the charity to ertsU that the basic govemance is obserwed in every bxal church. It is our policy that all xtivilies ¥ffjthin this organrsatson e covered by public liabilty Insuce. We have adopted a Child Protection Polcy. where al our pastors. ministers and leaders are made aware of its imph"cats'on. Local Church Trustees and Regnal Trustees have been gNen the task to ensure that health and safety issues. propty ¢ondth'on suNeys and Fre Cheth procedures are adherèd to at Regional arKI L¢)cal Church levels. In conjunction with the measures ment1(x, there is Health and Safèty Policy advice, whh is provrded lo aN congregations by approved nSultants. The trustees have given conswknbon to the m¥r risks to the charity is exposed and satisfied themsglves that systems and prcdU$ are established in rder to manage those risks. There is also a Finance Commiltee in churth for setling the ktal b1get and to assist th& local church with financial managemenL d. Prlnclpal fundlng Income Our organisalion is financed principalty by the membwship. The Trustees are thefOre grateful for the generosity of our memb8r5hip arKI the publi¢ who have contributed towards achievin9 the objectives of this charity. The major source of inc(Nne comprises dcrfBtM)ns by our members which conslilules Trthes and offerings. Total donations during Ihe fina1 years was £3.7m (2024 - £3.&n). Donations provbded approximately 78% {2024- 77%) of ts1 in¢xime. ExndIture Expenditure for the year totalled £4.6m {2024- £4.6ml. Approximatety 72% (2024- 74%} of expenditure was for direct costs. with the balance attributed to Sup[ and goveman* costs. Slaff-relaled costs arnunted to £1.70m {2024 - £1.63m). ApprOMatefy 37%12024 - 35%> of total expenditure i.e. £4.6m12024- £4.6m). Page 25
CHURCH OF GOD OF PROPHECY TRUST (A ¢4XnPAny Ilmlt•d by guar•ntM) TRUSTEES. REPORT ICONTINUED> FOR THE YEAR ENDED 31 IAARCH 2025 STRUCTURE, GOVERNANCE AND IAANAGEWEwr M•thods of appolnlmont or •l•¢tlon of TnMttt• The management of the Church is the responility of the Trustees wtw) we elected and ctrcpted under the terms of the Articl8$ of A$stti'on. b. Polkle• adopted for th• Inducth and training of Tnmte R•¢Nltm•nt and appolnlment ol newtru8tees The Direclors of Ihe Company are also charity trustees for purpose of charity and under the Companys Articles of Association. According to the me)randrn and JcleS of Assocktyknon, the members of the Council of Management are elected to serve for a pencKI of three years. after whic they musl be rfrelected at Ihe next Annual General Meeting conducted during the Church of of Prophecy Annual NatK)nal Convocation {or specid General Meetwlg called for the pwpose). Inducllon and traSnlng of InMI•o• New trustees uler90 a training day to brief Ihem on their W oWalion$ under charity arKI eomp8ny law, the conlenl of the Memorandum and Ajlictes of Association. the comnwttee and decision-making process, the business plan arvj recent financial perfonnance of the thanty. The trustees are encouraged to attend appropriate extsmal trrining events where these w1 fao'litate the undetsking oftheir role. c. R•l•t•d party Mlatlon8hlp8 Rèlatod partl The unity of beleverg is 01 of the cwdinal Yalues of tha chu of God of Prwhe¢y. This asprt'on and ideal gives believers a strong desire to achieve our ams. In this (x)ntext we have a¢iively supported other churches and movements in the Untted Kingdom such a¥ the EvangelKal AMi)¢e, Churches Together in Briiain and Ireland and Churches Together in En9land. Strategi¢ Alliances and patherships wilh Otr community-based organisalions are crucHI to dlOnStrating the practi1 aspects of our beliefs in the connunty. We have partnerships organisattons as Nehemiah United Churcts Houn9 Association, RAFFA 1Thterri DevebwIt Agenry.. Exce1131Bik Boys Can. and Street Pastors. Our Church continues to pursue ouffine a strategic path for the (lsaon. All aspects of corporate development arKI objectives are set oul in Ihe framework of our Flan whth underpins the vision of buildng vibrant local churches relevanl to their Itxal conststuenue$. In the Chigf Execjjtive's opinion, growth in membership. plantillg new churches. maxirnizing our anCIal 8ThJ physical resources and 5ustsining organisalional effe¢tiv8ness depends U[ leadershy of the hh3hest qualty that wil be ale to map current demographic trends choose approwiate leadernhip and rnanagemonl apprwhes whiGh wil impact minislellal facu and r congregations. Page 26
CHURCH OF GOD OF PROPHECY TRUST (A company kni¢ed by guaranle•) TRUSTEES, REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE. GOVERNANCE AND PAANAGEMEKf (contlnu•d d. Rl8k managoment The trustees have assessed the major risks to which the Company ts exposed, in particular those relaled to th8 operations and fina of the Company are satisfied that systèms and FOcedureS are in place to mitigate our exposu to the major risks. The trustees are now haviTrJ to D)nsider other aspects of risk related to safeguarding and reputation but are tsking the appropriate risk mrtigaknon strategies by instructing our InSur$ and Risk Management specialists D E Ford to help prepar8 the Church and cr Solicit¢)r& e. Quollfylng Ind•mnlty Provlslon In accordan¢e with the charity Athles of ASSOCtI and to the fum extent pemmtted by charity law. the trustees may be granted an indemnity by the chty in respeGt of liat w)curred in the discharge of they duties while in office. In respect of the matters for which the trustees may noi be Indemnified. the Charity has taken out trusteo's liability insurance which ts neWed annualty in line with our trustees nsk managetywt policy. Neither the charity's indemnty nor the insurance polcy provths cover in the evenl thal the trustee is proven to have xted dishonesty or frajulety. PLANS FOR FUTURE DEVELOPMENT plaCe Our strategic planning pyocess has enaw us lo progress towards achievirKJ Some of our corrmirate goals. This has been made possible through the umvavering collaborative efforts of our core membership ba¥e, who are primarity volunteers. and who have continuousty served through their passhale and reasoned faith in ChFlSt. with po$ili¥e engagement of their gtfts, talents, skn.lls and other resources. In keeping with our intemational core values of Prayer, HaNesting. Leadethip, Servte and Siewardship wg wl conts'nue to give focus to these. by way of increasing leadwship capacity. optimise momentum lowards raising Corporate awane$S of the need for more churches aJKI healthier churches, evangelism and cross<uttural inithatsves. We will conts.nue to reach our nation with the luht of the gospel of Jesus Christ,. whilst we pour on and pour out the salt to our families. cOmThnIes, towns. oties and nalion. Prayor, SplrltsMIIty and worsh.. We will continu8 to rase the value of acbve prewati¢)n. prorrK)th)Tr and Pa1PatIon of our church members in meaningful, inspiratvjnal and reverential prayer writuallty disCiple5. With the belief that ad we are; all we own and all we will be. belongs to God and is wr aet of worship. We will seek to optsmk the wealth of tslent amongst our gifted worship leaders. SiCIans. and the creative arts community. Page 27
CHURCH OF GOD OF PROPHECY TRUST IA conwany Ited by guarnnts¢) TrUSTEES' REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 PLANS FOR FUTURE DEVELopr l¢ontknu¢d> Intentlonal dls¢iploshlp throu Quality Chrfsdan Educatkn." We wll continue to rnise the thl of teachiry interventhS to wNire ¢tinuty of the c(Ye truth$ and practices of our Pentecostsl faith, a5 Qutlined in our intemational pcAicigs. We will reinforce and empower our strategic and operationa leadeTship, who, in tum, will enw¢y•4er bcal conggat.S and famlies in their Tole as the primary faith educor¥. Through our Corp wcrfk-plan and prxtKes * wll raise awareness of the beneffts of therishing and sharing our faith as a gift from God and aclwely seek, renIze. and act on opwfftunis to share it with our families, friends and others. Reimagine the use of thjr ¢orFmte b'me. talent and resources through realigning our events and programmes to be more mindful of our Chri$l<entred mandate. In addition, w• 11 actNely and prayerfulty assess the status of each hxal church an aim to milalise and. where feasible, h)ok to plant new churches. So¢lalActlon. Servke to Communlty." We arè committed to respond to Jesus, call of ser¥#x to othews His instruc1b to love othw¥ as we love oursefves. We wll conts.nue to encourage mewingful 1 action Servi provis¥)n across our ntho of churches and strategicalty partner with Oth thurches aThl para<hur¢h organtsations to bring healing and hope to our communrt& Church of God of Propw U.K. is wh)lehe c(xnmitted ttywds cultivating arKI sharfng our timè. talenc and tréasure while addresn9 the needs of our ktal ¢(xnmunities. Cbties and nation. We WIH endeavour to pursue Ihe hhest levels of Christian ethics wi all our OFeralhJ)s. Strat•glc Obl•ctlves Become a vibrant r1%)rk ot local churches Lxrfnprssing ov•T 10,0110 acrfv• m•mbors, by 2030". that are baen disapled arKI (knlcyed to reprctyjuce themsefves through ¢)ur intentiona dkscipl&ship programmes. Strat&gicalty desnate aThJ resource at least 10 All$$lonal ¢huKhes. across tho United Kiigdom that are primarily knussed on MISOn5 leadership 1ry4ining, deveh¥ment and deploymenl". incorporating our Intemats'onal and Wider-Europe Netmth of chwehes. Explore regional operational reslrucluring, to facilitste leadership deveh¥ment and church planting. GTOW Leadership capaa'ty Ilntroduce Emerglng Imlernhip devolopmentprogramme; A¢credited Leaders Courses". Promole and increase utilisation of Pastoral placements. Secondment opportunities for bay Ministers., Mandatory annual PastOTS th)raisal arKI Continuous Pastoral Develowwil Plans). Maximise awareness a1 corporate mcrfnentum around Healthy Church Growth through onwing implementation of Roclasslllcatlon and R¢vitall•alSon of kal Churches. Facilitate a Church Growth Conferen. Raise awareness and reinforce use of Ouf Corpowate Work plan arw our chur¢h ne*Aork to inckjde: Q1- Focus on (Training and Oevelopment).. Q2&Q3- (Evangelisml: Q4- (Revw and recalibrate). Increase our Christian Education delivery ¢apa¢ty and develop our COrpate Administrative Office for greater efftiency (Rem¢xlel Corrmte Administraiive offices for inueased space and rn0 efficient work- flow and setup central Training and t)evek)pment centre. Identify Northern and S(vJthern lo¢ations for addtbonal Training aThJ DeVe1opnt). Page 28
CHURCH OF GOD OF PROPHECY TRUST IA company Iwnlted by guarnnt••> TRUSTEES, REPORT ICONTINUED FOR THE YEAR ENDED 31 MARCH 202S PLANS FOR FUTURE DEVELOPMENT Iconllnued) maximing and controlling our wale finarKial resources (Conle and implement Financial Framework Document to ensure balance iteen local church corForate administrative office finanng. Mandatory annual subMison of local church budgets. Increase Gift AKI participation from our ltral churches). Business Development - (Oevelop Ed•n S(4utions our trading enterwse to generate income through maxirrising the under-utr'lisab'on of our assets). To acquire or devek4) a natiorHI Confere and admKi1strat facility from a suitable local church base facility. Ongoing developing of our &¢ial Action Mappwvj and engagement partnenng with other church and para<hur¢h organisalions. Memb•rn' Ilablllty The Members ol the Company guarantee to contribute an affthnt not exceediNJ £1 to the assets of the Company in the event ofwinding up. Inforniatlon on fundralsing pracUce8 Charltles Act 2011 So¢tlon 162A The Youth. Christi8n Education. Women's and Men's departments al raise fvnds to pyovide r6sources. which enable the departments to cater lo the needs ofthe eonstituenl groups seNe within the church programme. The Charity in organising Corporate and local Convo¢at*)ns. conferences and seminars for its mèmbers, also raises funds to provide resources ft)r Ihese events. Post balan¢e sheet •v•nts Post balance sheet events are disdosed in the notes to these finanaal statements. Page 29
CHURCH OF GOD OF PROPHECY TRUST (A Ilmlted by grantee> TrUSTEES' REPORT (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 Stat•m•nt of Tru8tee•' re•ponslblNtIo• The Trustees (who are also the directors of Cc¥npany ts Ihe purp)ses of ¢orry)any lawl aro responsible for preparing the Trustees, report arKI Ihe finan¢ial statements in a¢¢ordance with applicabl8 law United Kingdom Accounting Standards {United Kingdom Generalty Accepted A¢¢ountirwJ Ptice). Company law requires the Trustees to prepare financial statements eh ffinanual year. Under company law, the Trustees musl not approve the financial ststemnts unless they are satisfied that they give a truè and fair view of the state of affairs of the Company and of its comm9 reswrces and application of resources. induding its ncome and expenditure, for thal period. In prepariw these financial statements, the Trnstees are require(i to.. select suitable accounting Fdi¢ie$ and then apply them consistenty, observe thé Methods and winciples of the Chan1 SORP {FRS 102).. make judgments and accting e5ts'mates Uwt are feasonable and pwdent., state whelher appltcable UK Accountsng Stsndards (FRS 102) have boen fonowed. subject to any material departures disclosed and explained in the financtal statemts", prepare financial statements on the gowig concern l>a%s unless it is irwpropriale to presume that the Company will Continue business. The TNstees are respons for keeFing quate accounting reoyds that are sufftient to show and explain the Company's transadions and disclose th reasonable ac¢ufacy at any time the financial position of the Company and enabk thém to ensure that the thancial statements compty V4ryth thé Companies Act 2006. They ar• also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the provontion and detect)n of fraud aThJ other ¥wegularrt*s. Dl$clo8urn of Infomialknn to audltors Each ofthe persons WIK) are Trustees at the time when this Tfustees. repyl ts appyoved ha¥ confirmed that.. so far as that Trustee is 8, there is no relevant audit infmlM)n of 1¢h the thritys auditors are unaware, and that Trustee has taken all the steps that ought to Iwe been taken as a Trustee order to be aware of any relevant audit inf(mtion and to e5tal)knsh thal the audit¢XS are aware of that information. Thank you The tfustees wish to thank al our members. leajers, famifwts. comunity and key stakeholdets for your support over the years and we endeavour to continue to serv• steadfastly and crave your GOn'nued Prayer and support moving foTh¥ard. Approved by order of the ffthters of the tfjwd of Trustees and swed on their behalf by.. Bishop T•droy Pow•U Trustee p Bernard Plorrfs Page 30
CHURCH OF GOD OF PROPHECY TRUST IA company 1knIt by guarantee INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CHURCH OF GOD OF PROPHECY TRUST Oplnlon We have audited the finanraal ststeffents of Church of (>Jd of Prophecy Trust {thè'chaTitable company'l for the year ended 31 March 2025 which comprise the Staternent oi financial activities, the Balance sheet. the Stslement of cash fk)ws and the related notes. induding a summary of significant accounting policies. The ffinancial reporting framework that has been aKWied in their eparat 1$ applKable law and United Kingdom Accounting Stsndards, including Finanual Reporting Standard 102 The Finanaal Reporting Skndard applicable in the UK and Republic of Ireland. {United KMWM Gera•Y Accepted Accounting Practice). In our opinion the financial statemnts: give a Inje and faw Mew of t state of the charilable companys affairs as at 31 Mar¢h 2025 and of its incorrmng resources and apFAicatKJn of reS(ree$, induding its incotr and expendtture for the year then ended,. have been property prep¥ed in accordance wilh United Kingdom Generalpy Accepted Accounting PraclKe.' and have been prepad in accordance with the requirements of the Ctynpanies Act 2006. 8asl8 lor oplnlon W8 conducted our audit in accordance with Intemafv)nal Standards on Auditing (UK) IISAS {UKI) and applicable law. Our responsibilrtie$ under those standards are fvrther described in the Auditors. responsi.11t1es for the audit of the financial ststements section of our reF#xL We are mdependent of the charitable company in acrdanCe with the ethic requirements that are relevant to our audit of the finanaal statements in the United Kingdom, including the Financial Rep)rting Counal's Elhthl Standard. and we have fiJlfilled our other ethical r¢$Frf)nsibilities in accordan with these requirements. We bele that the audit eVIdee we have obtained is sufficient and appropriate lo provide a basis for our onK)n. Conclu8lixM r•latlng to golng ¢on¢ffii In auditing the finanaal statements. we have colUded that the Trustees, use of the going concern basis of accounting in the preparation of the fincial slatewEnts ts apKwfv. Based on the work we have perfomEd. we have not MJentI any material uncertaints'es lating to events or conditions tha( indNiduatty or colle¢livety. may cast signikant th)ubt on the charitable ¢offwnYs ablity to continue as a going concern for 8 perityj of at least months from when the financial statements are authorised for issue. Our responsibilities aThJ the responsits'litEs ol the Trustees *ilh respect to g)ing concem a described in the relevant seclw)ns of this TeporL Page 31
CHURCH OF GOD OF PROPHECY TRUST (A con4w Ilmlted ty gu•rnnts•) DEPENDENT AUDrroRS' REPORT TO THE IftMBERS OF CHURCH OF GOD OF PROPHECY TRUST (CONTINUED) Other Inlorni•tlon The other infonnatton corry)risès the infonnation included in Annual report other than the fin¢la1 statements and our Auditors. rgport thereon. The Trustees are resFK)nsibbe for the other infomwtion contsined wtihin the Annual reporL Our opinion on the ffinanoal statements does not Cover the other inf0Mtr)ft and. except to the extent otherwise aXFdiuty slated in our report. we do not ere¥S any fomi of assurance conclusion thereon. Our resp)ngbility is to read the other informakn a1. in doing $0, consider whether the other inforfflation is matèrialy InnSiStenI wilh the financial statements or our knowwe obtained in the Course of the audit, or otherwise appews to be malerialty misstated. If we Klentfy such matefia inconststencies or apparent material misstatements, we are required to detemiine whether this gN•s rise to a maltsnal misslatement in the financial ststements Ihemsefves. If. based on the work we have performed. we conclude that there is a material misststement of this other informatK)n. we are required to rerAJt that facL We have nothing to rewrt in this regard. Oplnlon on oth•r m•tt•rs FYMcrl¥•d by th• Companles Act 2006 In our opinion. based OD the undertaken in the coup&e of the aLKlit the infomwtion gr¥en in Trustees, report for the financia year which the thanGial slatements are prepared is nsiStenI wilh Ihe fircial statements. the Trustees, report has been wepared in accordance ryth applicable legal requirwnents. Matters on whlch we ar¢ r¢qulr¢d to report ty •xc• In the l¢ghl of our knowkdge and understarKJing of the ¢haritable company and ils environment obtained in the o)urse of the audiL we have rH)t identffied matenl tThsstatements in the Trustees, reporL We have nothing to report in respect of the fo&)wing matters in relation lo whth Companies Act 2006 requires us to report to you if, in our opinion.. adequate accounting records have not been k•p( or retums ad8que for our audit have nol been received from l)ranches not visited by u$: or the financial statements ¥e not in agreement ith the accountirKJ recrd$ and retums,. or certain disdo$u$ 0fTwsl, rThJneratI0n SIried by law are not maje: or we have not re¢eNed al Ihe infMation and ex[Aa"05 we require for our diL Responslblllll•s of tr1• As explained rn0 ftlly in the Trustees, responsth'ltss slatwnw( the Trustee5 {b%ho are also the directors of the charitable >anY for the purKws of COMpY lawl are responsible for the preparation of the financial stements and for being satisfied that they gNe a true and fair VMY. and for suth inlemal control as the Twstees detemiine 1$ necessary to enable Ihe preparation of financial statements that are free from material misstatemenl. vthether due to fraud efror. In preparing financial statements, the Trustées *e resnsIble for assessing the Charitab company's abilty to continue as a going concem, disdosing, as applicable. matters related to going concem and using the going concern basis of accounting unless the Trustees either interKI to INuKlate ts charitable company or lo cease cyerations, or have no realistie altemalive but to do so. Page 32
CHURCH OF GOD OF PROPHECY TRUST (A company Iwnitod by guarantwl INDEPENDEKf AUDITORS. REPORT TO THE MEMBERS OF CHURCH OF GOD OF PROPHECY TRUST (CONTINUED) Audttorn. re8pon8ibiUtlos for th• audlt of the financial slatemont8 Our objectives are lo c4)tain reasonable assurance about whether tr financial statements 8$ a wIle are free from maten misstatement. whether due to fraud or error. and to issue an Auditors, report that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that an audil conducted in accordarKe wrth ISAS IUK} will ays dete¢1 a matenal misstatement when il exists. Misstalemenls can arise from fraud or error and are considered malen4 rf. indNiduaty or in the aggre9ate, they Could reasonably be expected to influence the economic decis•)ns of users taken on Ihe basis ofthese financ1 ststements. IrregularitEs, iicluding fra, are insiances ol nThKompliance with knvs and rggulations. 8ased on our understsnding of Ihe Charty and nalure of its Op]ns, key laws arHI regulations we identified indded". Companies Act 2008: Charitses Act 2011" tax legislation- health safety and employment legiSli0n. data protection legislatv)n', safeguarding. We design procedures in line wrth our responsibililies, ovtlwied above. to detecl malerial misstatements in respect of irregularities, indudirwJ Iraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detaded tekjw. We Klentified that th? principal risk of fraud or non-compliance wrth laws and regulations related to.. Management bias in respect of accounting estimates and jUdgents m*; Management overrwje of cwtrcrfs., and Posting of unusual jouma15 or transxtThs. We focused on those areas that c¢)uld give rise to a makrial misstatent in the Chaiity financial statements. Our procedures inchjded. but were limited to.. Enquiry of management and those Charged with 9ovemance around actual and potential litigation and Claims including instances of non conWHnce wth laws regUlaiKS and fraud., Rev1thng minutes of rneetings of those charged governae. Whe aValble.. Reviewng legal expendilure in the year to identy of n0n-cryl1 wilh laws and regulations and Iraud.. Reviewing ffiancial ststenEnt dwlosures aThJ testing to sUppo.ng documentat#)n to asséss compliarKe with applicable laws and regulati$. and Perfomwlg audit work over the risk of rnan•JeMt ovefride of controls, induding lestin9 of joumal entries aThJ other adjustments for approprk?teness. evath.ng the ISInesS rationalg of significant transactions outside the normal course of bUnesS wd remewng a(rcwnting estimates for Ex8$. It is the pn'mary resp)nsibilty of management, the oversvJht of IIM)se dwged with 9ovemance. lo ensure that the entity's operations are Cond in aCCordce with the provisions of arKI regUlatS and for the prevention and detection of fraud. Page 33
CHURCH OF GOD OF PROPHECY TRUST (A compwry Ilmli•d by 9uarantO0 INDEPENDENT AUDITORS. REPORT TO ThE MBERs OF CHURCH OF GOD OF PROPHECY TRUST (coKnNUED) Because of the inhwenl lwnrtakns of an alit, there is a risk that VIE wil not deted all iTregul¥ities. induding ?e leing to a materi?1 rThsststement in the fmancial statemènts or tKnrforyliance with regulation. This risk Increases the that ¢(ynpliance wilh a law or regulaTh 1$ removed from the event$ and transactions refieed in the financial ststements, as we be less likely to become aware of Instan of non-compliance. The risk 1$ a150 gater regarding irwularities c(cuffing due to fraud rather than errty. as fraud invofves nnIn81 ttJncealmen( forgery. collusM)n, (ffnission or mweyesentslK>n. A further description of our responsibilit for audrt of the financial statements is localed the Financial Reporting Counal's website at. s)ilities. This dpti fonns part of our Audrfiors. report. U80 of our report This rewrt is made solely to the charitable corrrf)anYs merthrs, as a b)dy, in acCcdan¢è with Chapter 3 of Part 16 of the Companies Act 20C6. Our audit w(¥k has been urKlertak¢n so that we might state lo the tharitab companws members those matters we are required to state lo trb¢m in an Auditors, report and for no other purpose. To the fullest extent Femiitted ty I¥. we th) not accept or assume responsibility to anyone other than the charrt rranY its members. as a Ix>Jy. our wdtl wotK for this rew( or for the Op10n$ we have forrYd. Sl•ph•n Newman (Senlor St•lulory Audttor) tor and on behalf of PKF Smlth Cooper Audlt Lknlt•d Statutory Audito Comerblock 2 Comwall Street Binningham B3 2DX Dale- Page 34
CHURCH OF GOD OF PROPHECY TRUST (A coryany knilted by guarants•> STATEMENT OF FINANCIAL ACTWMES (INCORPORATI4G INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restrlcted nd8 2025 Total funds 2026 Total fvnds 2024 2025 Income from: DonalM)ns and legaoes Charitable aclivities Investments 3.659.519 915,974 112,849 3,700,067 915,974 112,849 3.525,441 926,937 f 13,091 Tolal Income 4,681A42 4,728,890 4,565.469 Exp•ndltur• on: Charilable activities 4A4724 4,554724 4.573,292 Total expgndltur• 4.554.724 4A54.724 4, 573,292 Nèt Incomel{exp•ndtturn> Transfers behveen funds 133.618 40 174,166 (7.823) 63.978 18 N•t movgm•nt In funds bf oth r•cogniwl galnsl{10s8e81 133,618 174,166 56, 155 other rncognb•d galnsl(loMes): Investment proFrty revaluation gain 45,000 15,000 N•t veM•ThI In fund$ 178,618 219.166 71,155 R•conclliatlon of funds: Total fvnds brought for4vard Net rmvement in fund$ 14.7x117 178.618 166,361 14,904.478 219.166 14.833,323 71.155 Tolal funds ¢arrled fomrd 14.916,735 206.909 15,123,644 14,904.478 The Ststement offinancial *ivilies inthdes 1 gains and h)sses fecognised in the year. Thg notes on pages 38 to 60 fomi pwt ofthese financial statements. Page 35
CHURCH OF GOD OF PROPHECY TRUST IA company limiled by guarantee REGISTERED NUIABER: 01751385 BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Flx•d a88•ts Tangible assets Inveslment property 12 13 8.809,462 2,Z15,000 9,020,647 2.230.000 11,084A62 11.250.647 Current as8•ts Debtors Cash at bank and in h 14 189,017 4A73.802 124.389 4.214.645 4.66219 4.339,034 Current Ilabllllles Creditors.. amounts faling due within one yoar 15 1329.326) (340.996J Not current awts 4,333A93 3,998,038 T(al ass•ts 1gs• cwrnnt Ilabllitlos 15,417,955 15,248,685 Creditors.. arrK>unls lalling due after m one year 16 (294,311) (344.207) Total nfrt avdets 1&123,644 14,904,4T8 Charlty funds ReStrted funds Unrestricted furKIs 18 18 206.909 14,91&735 166.361 14.738,117 Total fund• 15.123,644 14,904,478 Th8 Trustees acknowledge their respMibthts for comp"ng wilh the requirwnents of the Act wth respect to Counting rerdS and preparation of financaal statements. The financial statements We approved authorised for kssue ty the T suned on Iheir behalf ty. Bl•hop T•droy Pow•ll Trustee . hop Bomard IAorrfs ITr•a8uror) Trustee Date. iÉ- lol5. The not•s on page$ 38 to 60 forrn part of these fjnancaal ststenknts. Page 38
CHURCH OF GOD OF PROPHECY TRUST (A company limlled by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Cash flows from operatlng a¢fjvlll•s Net cash used in operating activities 21 444,667 238,271 Cash flows from inve•tlng a¢fjvhlos Purchase of tangible fixed assets 12 (8S,7701 (180. 149) Not ¢•$h usod In Inv•8ting actMtle8 (85.7701 (180.149) Cash flows from financlng athltl•s Cash inflow5 from new borr(Ming Repayments of borrowin9 Interest paid 150,000 (124.256) (62.034) 155.938 I4302} Net cash used In flnan¢lng actMtle• 199,7401 136.290) Chang• In cash and cash ¢qulvahnts In th• y•ar Cash and cash equivalents at the beginning of the 259,157 4,214,645 21,838 4, 192,807 Cash and Cash •qulvahnts at the end of the year 4N73.802 4.214,645 The notes on pages 38 to 60 frn part of these fincial statements Page 37
CHURCH OF GOD OF PROPHecY TrUST IA ¢ompany by guaran1••) NOTES TO THE FINANCIAL STATEkENTS FOR THE YEAR ENDED 31 MARCH 2025 G•n•ral Infomiauon The Company is a company Irnited by guarantee (company number 017513851 incorporated li England and Wares. The registered address i% 6 Beaccm Cour( Bimiingham Road. Bimingham, B43 6NN. The members of the company the T named on pagé 1. In the event of the Company 'ng wound up, the liabilty in respect of the guwantee is knted to £1 per member of the Coffpany. Accountlng pollcl•s 11 Bas1• of preparallon ol flnanclal statements The financial slatemenls have been wepared in acccdm the Charibes SORP (FRS 1021- Accounting and Reporting by Charitses.. Statement of Recommended Practice applicable to charities eparing their accounts n accordance wth the FinaNial Reporting sdard applicable in the UK d Republic of Ireland {FRS 1021 {effective 1 Uary 20191. the Finanrjal Reporting Standard applKalAe in the UK and Republic of Ireknd (FRS 102) and the Companie5 AGt 20(. Church of God of ProFlcy Trust meets the deffinon of a public benefft entity under FRS 102. Assets and lialylities are inittalty re¢c¥Jnised al historical cost or transa¢tion value unless dheNi$e stated in the relevant a¢¢ounb'ng poly. The financial Statements we prepared on a going concem basis undgr the historical cost convention. modrfd to indude rtain ilems at fa'r va. The financial statements presented in Sterfing which is the fvnctional currwy of the ¢hwity aThl rouled to the nearest £. The significant ac¢ounting pcAicies appl'ed in the preparation of these financial staterrthls are sel out be&)w. These pcAle$ have been consthty appl to all yeats presented unless otheThvise stated. 22 In¢om• All inwme is recognised once Ihe CoranY has entillement to the income, it is probat4e that the income will be received and tt)e aThvJunt of incoffe recerlth can t measured reliably. Donated seNices or facilities are recognised when the Cornpany has Control over the iiem, any conditions associated wilh th8 donat item have been mec the receipt of the econorric beneffit from the use of the company of the rtem is probable and that ecOrmi¢ befit can be measured reliabty. In accordance with the Chariti8s SORP (FRS 1021. the general time is not rewnised and refer to the Tntee$ Rert for nk)re infomHticm at>wl their contribution. Other income is retognised #i the in whth rt is receivable. Page 38
CHURCH OF GOD OF PROPHECY TRUST IA company limited by guar*nt•g1 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ountlng pollcles {continued) 2.3 Expondlturo Expenditure is recognised once Ihére a legal or Constnjive obligation to transfer economic benefrt to a third party. it is probable that a transfer of economic benefits w1 be required in settlement the amount of the otligation can be measured reliably. Expenditure is dassified by activity. The costs of each activity are made up of thè total of direct coslg and shad costs, including sUPPOrt costs involved in undertaking each acbvity. Direct costs attrTbutable to a single activity are allocated directly to that acb"vity. Shared costs which eonth.bute to rr than one activity and support costs which are not attributable to a sirKJle activity are apports'oned betsveen those xtivitie5 on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreryalion charges alkncated on the portion of the assefs use. Expenditure on charitable acknvilies is incJJrred on dwecty undertakng the &tivities lch fvrther the C(pan5 objectwes. as well as any assooated SUPFrt)rt cx>sts. Support costs are those costs incurred directy in SUPFrt)rt of expenditure on the obiects of the Company and woiect mar)agement carried out at National Office Governance costs are those incurred in connection with ajministration of the Company and complvance Nmth constitutional and statutory requirements. Charitable xtsvits85 and Governan costs a costs incurred on the Company's operations. including support costs and costs relating to the WvemCe of the Company apportioned to charitable activities. All expenditure is Inc1 of irrecovernble VAT. 2A Govemment grants Government grants relating to tangible fixed assets we treated as deferred income and releasod to the Statement of financial activitses up)n the completion of the relevant performance-relgted cormlibons. Other grants that are not subjecl lo perfomianwekited conditions are credited to the statement of finan¢i4 a¢tivibes as the grant pr(d$ are received. Grants received prior lo t revenue rwnilion criteria bwn9 satisfied are renised as a habdity. 2.5 Interest rn¢elvable Interest on fiJnd$ hehj on dep)sit is inchjded when re¢eivat4e and the amount can be measured reliably ty the Company" this is rnalty upon notifutiw of Ihe interest paid or payable by the institulTh with whom the fvnds are deSited. 2 Taxatlon The chanty is exempl from tax on incorne and gains falling wtthin section 505 of the Taxes Act 1988 or section 252 of the Taxats"on of Chargeable Gains Act 1992 to the extent that these are applied to its charilable ofy'ects. Page 39
CHURCH OF GOD OF PROPHECY TRUST (A ¢OffY VAnlted by gu•rnnt••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Acwuntlng poll¢l•s l¢onllnuod) 17 Tanglbh fixod a8$0ts and dewKlallon Tangle red assets costing £2k or me are Catal and reccKJnised v#hen fvture economic benefits a prd)able and the cost or vahje of Ihe asset can be measured reliabty. Tangitle fixed assets are initialty recognised at COSL After reo)gnit•on. under the cost ffe1. tangible fixed assets are measured at cost less aCCU1attd deFxeciation and any accumulated impairment losses. AJI costs incurfed io bring a tarvJth fix•J asset into rts intended workiTrJ condition should be in¢luded li the m&3suTement of cost. At each rewting date. ihe Company assesses whether there is any If1CatI of impairrrnL If such indication exists. the recoverable amount of the asset ts determined to be the hwer of ils fair value less costs to sell a1 its ¥ae in use. An impaimpnt h)ss is recognised in the Statement of financial activities where the caffYg amount exceeds ts recoverable amounL Depreuation is charged $0 as to akrate the cost of tangible fixed assets less ther residual value over their estimated usefvl lives. Depatron is provid on Ickning bases.. Fehc1d propety Molor vehKles Fixtu and frttngs Lo&ql Church c4Jntents Nursery assets - 50 years depreciation straight line - 25% on redIng balance 15%-25% on reducing balance - 15% on r?dftg balan - 25% on rodLwing balance 2A Investment propwty Investment propety is carried at fair vaue detemiined annu• by extemal valuers and derived from the current market rents and investment propety ld$ for Ccparable real estate, adjusted, if necessary. for any difference in ts nature, location or condition of the specific asset. No depreciats'on is provided. Change5 in fair value are re¢ognised in the Slalement of fineal activities. 2.9 Dobtors Trade and other debtors are reo)gnised at the setuement w1Unt after trade discount offered. Prepayments we vthd at the amount nel of any trad? dIScnts due. 2.10 Cash at bank and In hand Cash at bk and in hand wlUdeS cash and shcrt4em higNy liquMI investments with a short malurity of the nN)nths or less from the date of acqu*It or opening of the deposit or swnilar account Page 40
CHURCH OF GOD OF PROPHECY TRUST IA company limiled by guardnteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng poll¢les (¢ontlnuedl 111 Llablltle8 and provhions Liabilities are recognised when there is obligation al the Balance sheet date as a result of a past event. it is probable that a transfer of econom benefft will be required in settlement. and the amount of the settlement can be estimaled reliabty. Liaknlilies are rectrJnised at the amcyjnt that the Company an1Pate$ il will pay to settle the debt or the anN)unt it has ceiVed as a(fvanced pay1rts for the wods or seNices rt must provide. ProvIonS are measured at the best estiNote of the amounts required to settlg the obligation. Where the effect of the time value of money is matsrial. the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that lleCts the risks speuk to the liabiljty. The umvinding of the discounl is ¢(jniSed in the Statement of financd activities as a finance cost. 2.12 Flnandal Instruments The Company onty has financial assets and financgal liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inttially recognised at transaction value 2nd 5ubsequentty measured at their settlemenl value the exception of bank loans whth ar8 subsequently meaSUd al arrvJrtised cost using the effe(#ive interest method. 2.13 Operatlng leo80• Rentals patrj under oFwating leases are charged to the Statement of financlal activities on a straight line basis over the kase ten 2.14 P•nslon¥ Thfr Company operatss a defined n11th110n pension scheme and the penSn charge represents the arUnts payable by the Company to Ihe fund in resFect of the year. 115 Fund accountlng General funds are unreslriC fvnds are available for use * the discretion of the TNslees in furtherance of the gener81 ot¥edNes of the Crynpany and which have not been desb3nated for other purposes. Desrgnaled fvnds comprise unRstricted funds that have been set aside by the Trustees for particular purwses. The am and use of each desKJnated fvnd is set out ID the notes to the finanaal stslements. Restricted fvnds are funds whth are to be used in acconIan with SpIfiC restric1K$ imposed by donors or which have been raised by tt)e Company for particular purposè5. The costs of raising and administering such funds a Charged against the speafic fund. The aim and use of each $tricted fund is set out in the notes to Ihe financial ststen*nts. Investment income. gains and h)sses are alrtxated to the appropriate fund. Page 41
CHURCH OF GOD OF PROPHecY TRUST IA cornpany ty guorarte•} NOTES TO THE F•4ANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Crhlcal ac¢ounllng estlmatss and av•as of judgment Ests'mates and judgrnnts are contsnualy evabjated and are based C hiStOral experience and other factors, induding eypectations of future evenls that a beleved to be reasonable under the cirCumstsn. Criti'cal ¥¢ounting estimates WKI assunWN)ns: The Company makes estimates assuWion$ o)ncemiry ts future. The resufiing accounting estimates and assumpb'ons will, by deffiniti. seklom equal the rel*èd actual results. The eslimaies and assumpb'ons that hav¢ a signiftant risk of SIng a material adjustment to the rryIng amounts of assets and I'atrAlit 7Arythin the rK)anC year are dis•xssed b8h)w. Critical area5 of judgffnt The key estimates and assurrykns W w) the fThincial slatements related to the depreciation of property over its eslimated useful hle arKI the revalualions of Frfoperties held 35 investmgnts. Page 42
CHURCH OF GOD OF PROPHECY TrUST (A c¢xyny Ilmlted by guarnntM) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Incomo from donations Unrtstricted R•strictsd nds funds 2025 2025 Totsl funds 2025 Dmations Grants 3.636.017 23,502 40.548 3,676,565 23.502 3.659.519 40,548 3,700,067 UnrestriGt8d funds 2024 Restncl8d funds 2024 Total funds 2024 Donation5 Grants 3,472,876 45.182 7.383 3,480,259 45,182 3,518,058 7,383 3.525,441 Incom? from charltable aetlvftl•s Unr•8trlthd fund5 2025 Total funds 2025 Ministries Nursery Rent 391.015 369,896 155,063 391,015 369,896 155.063 915,974 915.974 Page 43
CHURCH OF GOD OF PROPHECY TRUST NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026 Ineonw from charltable o¢tlvltkn (continued) Unrestiicted funds 2024 Tot81 fvnds 2024 Ministries Nursery Rent 528.471 246,872 151,594 528.471 246.872 151.594 926,937 926.937 Volunteers provvje rnY hours of SeiCe to the charity and this is referred to in the Trustees Report Inv•stm•nt In¢om• Unrostrl¢ied fund8 202S Total fvnds 2025 Rentsl income- investrn1 properlie5 112.849 112,849 Unrestricled fvnds 2024 Total fvnds 2024 Rental income- investment propts5 113,091 113,091 Page 44
CHURCH GOD OF PROPHECY TRUST (A company Ilmlted by guarant80 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 An•tysl• of •xpendltur• on ¢harltabh a¢llvltlo• Sunwnary by fund type Unr•strlded fund$ 2025 Total 2025 Worshplministries Disopleship Social AciM)n stewardship Mission Nursery 1.251,652 440,183 227,014 1.927,747 380,569 327.559 1.2S1,6S2 440,183 227,014 1,927,747 380,569 327,559 4,554,724 4.554,724 Unresti7Ct8d funds 2024 Total 2024 Worshiplministries Discipleship Social Action Stewardship Mission Nursery 1,341,806 421.602 214,621 2.069,901 305,564 219.798 1.341,806 421.602 214,621 2,069,901 305.564 219.798 4.573,292 4,573,292 Volunteers provKle many hwrs of general service to tt)e charity and this is referred to in the Trustees Report. Page 45
CHURCH OF GOD OF PROPHECY TRUST IA company &mlt•d by guarnntw) NOTES TO THE FMNCIAL STATEMENTS FOR THE YEAR EED 31 IAARCH 2025 An•tysl• of expendlture by actfviths Adlvltlos undertakgn dhcuy 2025 Support costs 2025 Tolol funds 2025 Worshiplminislries Discipleship Social Action Stewardship Mission Nursery 1,251,652 440,183 227,014 959.179 380,569 1,251,652 440.183 227.014 1.927.747 380,569 327.559 968.568 327,559 3.258.597 1,296.127 4.554.724 Acliwiies und•rt8ken direc 2024 SupK*Yt costs 2024 Total funds 2024 Worskiplministries tlis¢iploship Social Action Stewardship Mission Nursery 1,341.806 421,602 214.621 1,094.664 305.564 1.341.806 421,602 214,621 2.069.901 305.564 219.798 975.237 219.798 3.378,257 1,195.035 4,573,292 Page 46
CHURCH OF GOD OF PROPHECY TRUST IA company lknk¢d by guarante0> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analys18 of •xp•ndlturn by actlvitS98 Iconllnu¢d> AnalyslB of 8llPPOrt Costs Total fund8 2025 Stewardshlp 2025 Nursery 2025 Stsff costs DepciatIon Interest of loans Accountsncy Legal and professional fees Other nursery costs Governance costs 577.854 294,682 43.802 242,638 2.273 820.492 296,955 43,892 2,736 3,856 76,056 52,230 2,736 3,856 76,056 52,230 968,568 327.559 1,296.127 Tot81 fvnds 2024 Stewardship 2024 Nury 2024 Staff costs Deprecialrc Interest on loans A¢Untan Legal and profesSal fees Other nursery costs Govemance costs 589,566 267.8T8 62.034 184.598 3,031 774, t64 270,909 62,034 1.980 3.163 27.026 55. 759 1,980 3.163 27.026 55.759 915.237 219.798 1,195,035 Audttor•' remuneratlon 2025 2024 Fees payable (exduding VAT) lo the Conwans¢s auditor for the audit of the Compan$ annual accounts 27,000 21,500 Page 47
CHURCH OF GOD OF PROPHECY TRUST (A rnPany limlt•d by guarnnts•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10. Employm costs 2025 2024 Wages and salaries Social secAJrity costs Contribution to defined ContrilMit pensM)n schenws 1,565.638 104.814 32.124 1,500.898 100,317 30.703 1.Y02.576 1,631.918 The average nutythr of persons en¥W by Ihe Company during the year vras as lollows.. 2025 No. 2024 102 98 The average headcount expressed as (ulHwne equivnts vfts". 2025 2024 No. psiding Bishop Pastors 28 27 63 56 The number of empkjyees whose emFkne beneffts (exthdwig employw pension costs) excèeded £60.000 was.. 2025 2024 In the band £60,(l- £70,OIJ) The remuneration benefits of key MJeMent persml wts) e It tsustees was £156,839 {2024 - £t51, 1211. The Trust considers the key management personnel l %nior management team to be of signifThnt IMpanCe to the Charity lor the success of the day to day operations. Pago 48
CHURCH OF GOD OF PROPHECY TRUST (A Company lknit•d by guarnntee) NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 IAARCH 2025 11. Trusloos. rnmun•ratlon and expense8 During the year. Trustees have been paMI remunerati from eMploYffnI with the Company. One (2024 - One) Tnjstee was patd for their seNice¥ in the year in respect of their capacity Administrator being T Powell (also highest pahl Trustee) remunetab'on £66.961 (2024 - £64, 18n and pension contributions £1.361 {2024- £1.361). Ten 12024 Ten} Trustees were paid for services as 'mInterS of Religk?n' las permitted by the nsts'lution of the Charity}. Remuneration and Fens•)n contn"butions respectivety in the year were G Revers £11.184 12024 - £11, 184) and £148 12024 - £148)" D Bai £7.325 12024 - £45,4541 and £nil 12024 - £nill.' B Morris £40,000 {2024 - £38.686) and £nil {2024 - £niO.' R Veira £12.00012024 - £27, 1081 and £173 {2024 - £601)., R McKoy £15.67512024 - £15,000) £283 {2024- £2631.. E Williams £42.837 {2024 - £38.760) and £1.025 {2024- £976): P Rtthester £9.060 {2024- £9,060) and £nl12024 - £nil).' P Mccalla £41.327 12024 - £40.4011 and £1.053 12024 - £988).. K Schafer £24,670 {2024 - £21,238} and £553 {2024- £450,. R Barrett £18.359 (2024- £7.377) and £36412024 - £911. During the year. retIreffnt beneffits uIng to 8 Trustees {2024 - 8) in respect of defined ontributwjn pension schemes. During the year and coThparairrfe year no trustees were 1n•u1$eo or paid direcuy for expenses incurred in rnspect of their role as a Truslee. Page 49
CHURCH OF GOD OF PROPHECY TRUST IA company l#nll•d by guarnntsel NOTES TO THE FINANCIAL STATEMENTS FOR ThE YEAR ENDED 31 MARCH 2025 11 Tanglblo fix a880ts Land and IAotor R•nMbh Church Nuvsery Iwlldings v•hlcl•s 8s•ts content• a•89ts ToLql At 1 Awtl 2024 Additions 10,499,255 33,930 110,581 677,270 1,667.918 &2S1 43,589 116,573 13,141.597 85.770 At 31 March 2025 10.533,185 1M,581 685,521 1,711,507 11&673 13.227,367 Depreclatlon At 1 April 2024 Chwge for the year 1.925,650 227,296 180,581 631,59T 1.275.637 11419 54,967 107A85 1273 4,120.950 296.955 At 31 March 2025 2.152,946 180,581 644016 1,330,604 109.758 4817,905 Nel book valu• At 31 March 2025 8.380239 380,3 6,816 8,809,462 At 31 Marth 2024 8,573.605 45.673 392.281 9,088 9,020,647 Included in the net b([ value of property disF4ayed above the foh)wing amounts ascribable lo land: 2025 2024 Freehold Leasèhold 6,924,820 7,081,033 1,455,419 1.492,572 8,380,239 8.5T3.605 The caryng amounts of tsngiblè fixed assets pkdged as security ts liilities is £553,834 (2024 - £568,027). Page 50
CHURCH OF GOD OF PROPHECY TRUST (A company Ilm6t•d by guarante•> NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13. kwestment proporty Freehold Investment property Valuation At 1 Aprl 2024 Surplus on revaluation 2,230,000 45,000 At 31 March 2025 2,275.000 The inveslment properties have been subject to desktop valuation. by RICS exlemal valuers in August 2025 on Ihe basis of existing use. The Trustees consider the valuation a reasonable estimate of market valuation at 31 March 2025. 14 Debtorn 2025 2024 Duo after more Ihan one year Other debtors 40,000 40,000 Due wllhln on• y•ar Trade debtors Other debtors Prepaymenls and accrued irrne 39.838 47,600 61,579 42,600 26,672 15,117 189,017 124,389 Other debtors du8 after one year is a loan to the COGOP intemalional nelwork, paYable after more than one ar. Page $1
CHURCH OF GOD OF PROPHECY TRUST IA company Mm#•d by guarnth) NOTES TO THE FWCIAL STATEfAIENTS FOR THE YEAR ENDED 31 MARCH 2025 15. Credknrd: Amounts falllng due wtthln one year 2025 2024 Bank loans other loans Trade creditors other tsxati¢)n and social security Othw creditors Accruals deferd incoff 30.569 25,950 25,776 25,830 90,006 131.195 30,301 32,200 9,994 26,495 124,012 117.994 329,326 340,996 Bank loans are secured on specific treeho church pyowbes. Other loans are loans from local membets to a$1 i) the wuisTl¥)n of investment propety and are unsecured. The C(Ynpany has deferred income in the anount of £84,371 {2024 - £54.4 on the basis services are provided after the balance sheet date. The movement in the year represents further amounts deferred during the year. There was £39.361 (2024 - £119,599) released to the Statement of financial activrties during the year. Page 52
CHURCH OF GOD OF PROPHECY TRUST {A ¢ompany 1wni1 by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 16. Credltorn.. Amounls falung due aft•r moro than ono y•ar 2025 2024 Bank loans Other loans 288.811 s,soo 328.207 16.000 294,311 344.20T The aggregate amount of liabilittes payablg or repayable wholty or in part more than five years after the reporting date is: 2025 2024 Payable or repayable by lnstarrnts 62,227 125.929 52,227 125,929 The bank roans are secured ¢)n Spea frè8hokJ church woperties. Interest payable on the loans are at rates varying behveen 2.25% and 4.35% above bank base rates. Other loans are loans from k¢al members lo r$I in the acquisition of investn*nt property and are unsecured. Interest payable on the loans accrue al varying rates betsveen 2% and 7%. Repayments are due at the end of k)an agreement pertr)ds of between 5 and 10 years. 17. Flnancial In8trumenl8 2025 2024 Flnancial assets Financial assets rrEasured at andised cost 127,438 109,272 2025 2024 Flnanclal Ilabllhl Financial liabilities Measured at arnortised cost 491442 567,209 Financial assets measured at am)rtised cost ¢orrprise trnde and other debtots. Finala1 liabilibes measured at amortised cost coryrise bank b)ans overdrafts. other loans. trade creditors. tax creditors and other (¥editors. The Trust does not acquire or use kxit OptiS, derivatives or ¢ther coryylex financial instruments. Page 53
CHURCH OF GOD OF PROPHecY TRUST IA c<#npany lknlled by guarant••) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 311IARCH 2025 Stslemont of fund8 stat•m•nt of funds- curr•nt y•ar Balance al 31 March 2025 Balance at 1 Gain81 Aprll 2024 kncomo Expendltwe (Loss•s1 Unro8tri¢t•d funds Dmlgnatsd funds Property mairrtenance fvnd 577.000 G•neral funds General Funds- ai funds 14,161.117 4688.342 14,554,724) 45.OIXI 14,339,735 Total Unrnstrlctsd funds 14,738.117 4688W {4,554,724) 45,000 14,916.735 Rutrf¢tsd fun(ts Property donatk Intemational Church other restricted 95.000 100.367 11,542 71.361 166.361 206,909 Total rf funds 14.904A78 4.728.890 (4,SS4,7241 45,1)00 15,123.644 The TnJ5tees have set aside fvThJs from the general fund for the SFecifi¢ purpose ofcontributing toward$ the cost of repairs to thurch wopety. Restricted funds includes funds re¢eived from thfr Intemational Church for the fvnding of church related mission projects *ound Ihe wortd and a property donation on the basis of covenants in the lèase agreement Page 54
CHURCH OF GOD OF PROPHECY TRUST IA company Ilmlted by guarant•• NOTES TO ThE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 18. Staternont of fund¥ (contlnul Stalement of fund• - prlry y••r Balance at 31 March 2024 Balance al I W712023 TTrnsfefs in/oul Gain (Losses) Unrnstrfctfjd fund• D•slgnated funds Property maintenance fund 577.000 577.000 G•n•ral fund¥ General Funds - all funds 14.255. 744 4,558.086 (4.573.292) (94.421) 15.000 14. 161, 117 Total Unmtrlclgd funds 14.255. 744 4.558.086 (4.573.292) 482.579 15,(X)0 14.738.117 Rostricted funds Church prc*)erty fijnd Property donation Intemational Church 577.579 f577.579) 95,IXXI 95.000 71.361 71,361 577.579 71.361 (482.579) 166,361 Total offund$ 14.833,323 4.629.447 (4.573.292) 15.000 14,904.478 Page $5
CHURCH OF GOD OF PROPHECY TRUST IA ¢onwny Ilmlted by grantl NOTES TO THE FWANCIAL STATEAENTS FOR THE YEAR ENDED 31 MARCH 2025 19. Summary of funds Summjry of funds - Guffent year Balanr¢ at 31 March 2025 Balance at 1 Aprll 2024 Galnsl om• Expondlturn (Lossfrs Designated lurthJ$ General funds Restricted funds 577.000 45,IXIO 14,339.735 206,909 4.688.342 14,$54.724> 166,361 14.904.478 728,890 14,SS4.724> 45.000 15.123.644 Swnm•ry offund$- fv year 8alanc• at 31 March 2024 Balanc at 1 Apn7 2023 Transfers Gain ILoss8s) Designated fvnds General funds Restricted funds 57T.0? {94,421) (482.579) 577,000 15.000 14. 161, 117 166.361 14.255.744 577.579 4.558.086 (4.573.292) 71.361 14.833.323 4,629.447 (4.573.292J 15.(Ml 14,904.478 Analysh of net assets between fund•. ¢umt yoar Unvo8trld¢d R•trbct•d lund$ funds 2025 2025 Total fund• 2025 TgIble fixed assets InveslffEnt woperty DetJtor5 due after rre one Current assets Creditors due wlhin one year Creditors due in mre than one year 8.714.462 2.275.0 40.oc 4.510,910 1329.326) 1294.311) 95,000 8,809A62 2,275,000 40,000 4,622,819 329.326) 1294.311) 111,909 14,916.735 206.9 15,123,644 Page 56
CHURCH OF GOO OF PROPHECY TRUST (A company Ilmlted by guar•nts•l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AIARCH 2025 20. Ana5 ol nfrt $èts between funds (contlnu•d) Analysls of not a••ots betw¢¢n funds- prlor year Unrestricted Restricted nds fvnds 2024 2024 Total funds 2024 Tangible fixed assets Investment propety Debtors due 8fter re one year Current assets Creditofs due ¥thIn one Creditors due in more than one year 9.020.647 2.230.CIXI 9,020,647 2.230,000 40,OOQ 4.299,034 (340,996) {344,207) 4. 132.6T3 (340.996) (344.207) 166,361 14.738.117 166,361 14.904.478 21. RKon¢lllatlon of not mv•mwbt in fvnd8 to n¢t cash iryow Iftxn opgratlng actlvltles 2025 2024 Net incomelexpendilure for the year (as pew Statement of ffinancial activitts) 174,166 (7.823) AdJustm•nts for. Depreciation cha Net interest paid {In¢rease) in debtors {Decrease}fincTrase in edItorS 296.95S 43M02 164.628) Is28) 270,909 62,034 (18,556) (68.287) Net cash Pfovld¢d by 0rat9 a¢llvlti•s 444.667 238,277 Page 57
CHURCH OF GOD OF PROPHECY TRUST IA company lknlt•d ty guarantoe) NOTES TO THE HNANCIAL STATEINTS FOR THE YEAR ENDED 31 IWICH 2025 Analysli of ca•h and ca•h •qulval•nis 202S 2024 Cash in hand 4,473.802 4.214.645 Total cuh and cah •qulvalents 4.473,802 4,214,645 2& Anatysb of chaNJeg In n¢t thbt At 1 Aprfl 2024 Cash flo At 31 M•r¢h 2025 Cash at bank and in hand Debt due within 1 year D&bt duè after 1 year 4.214,645 (62,501 1344,207 259,157 4A73.802 156.519) 1294,311) 49.8 3,807,937 315,035 4.122,972 Conllngent Ilabllll In November 2024. our Corporate Adminislrative Office received a complaint conceming an alleg8d incadent of financial groornin9. The atlegations relate to historic matters, and on 6th August 2025 all affiliat8d churches were foallY notified. An independent invests"g"on has been Trls$tined to examine the ¢laim$. At this Stage. the Board not predict any fKwKial implications for the COGOP UK Trust. However, in the terest of transparency and accountabihty, we are disdosing this matter in our fmancial repoiting. We wish to emphasise that these are alwns not estabk5hed findings. Nonetheless, we remain Spiritualty, moralty, and lega Mmitted to addressin9 such concerns with the serb)usness they deserve. Capltal commltm•nts 2025 2024 Contra¢t•d foy but not provlded In the•e frfbanclal stat•m Acquisits'on of tangible fixed assets 42,865 Page 58
CHURCH OF GOD OF PROPHECY TRUST (A ¢ompany Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S Penslon ¢ommllmonts The Charity operates a deffined contribulion pens#)n scheme, the 355ets of which are held in a separate administered fvnd. The cost during the period was £32,12412024 - £30.703). At the balance sheet dale there were outstanding contn"butions due of £6.921 {2024- £10,961}. 27. Op•rating l••¥e ¢onwnllmeThts Al 31 March 2025, the Company had comMitnts to make firture minimum lease payments under non cancellable owraling18ases as follows.. 2025 2024 Within 1 ye Betsveen 1 and 5 years Later than 5 yews 13A37 27,294 96,800 14.957 18.586 98,IXIO 137,531 131.543 The followng lease payments have been recognised as an expense in the Statement of finanual actNilw: 2025 2024 Operatirvj lease rentals 94,836 101,920 28. Related party transacllons RAFFA Intemational Devdopment Agency, West Midlands Farth in Act LTD and Eden Soluts'ons Nefvrk Communty Interest Company are considered related parties within the Church of God of Prophecy Trust. as a result of some Tnjstees hohjing similar F#)Sitions in these organisations. Thg Church has rnle donations to RAFFA IntemalA)nal l)eveh)pment Agency of £2.54512024 - £n to support the organisation. At the balance sheet date an amount of £nil (2024 - £2331 was due to RAFFA Intati(al Develop1r1 Agency. The Church has also provided Serv to West MKfjlands Farth in ActM)n LTD of £nil 12024 - £nM) to supwl the organisalion. At the balance sheet date an amount of £4.097 (2024 - £4.(lJ7) was due from West Midlands Faith in Action LTD. L)uring the year the Church purchased fixed assets from Eden Network Solutions Community Interest Company. a subsidiary company. in the arrthnt of £nil 12024 - £27, 77• and incurred costs of £5,887 12024 - £3,300). At the balance sheet date an of £25,687 {2024 - £19,800) was due by Eden Netsvork Solutions Community Interest Company. Page 59
CHURCH OF GOD OF PROPHECY TRUST (A coryany Iwi¥ted by gu•rnntw) NOTES TO THE FWCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Post balan¢• $h••t •vw Sin the year end the Company has disposed of land klIng5 for £335,CKJO, an amount in excess of the carry value at the balan sheet de. Subsldlarle• RAFFA Internats'onal Development Agen. (COmY number 05976094 and charity commissMM number 11230891, a company limiied by guarantee a Subsidiary of Church of G¢xl of Prophecy Trust. The company is not C(s0"da1ed m these financial statements on the basis it is not material to the results and ancial pwbon of the Churi* of God ol ProF4y TntsL Eden Solutions Nelwork Comrnunty Interest Company (company number 12012868) is considered to be controled by RAFFA Intsmalional Devernnt Agency. The company is not consolidated in these finanaal statements on the basis it is not rrotsnal to the resulls arml financial postion of the Church of God of Prophecy Trust Page 60