House of Prayers for All Nations – Europe Ltd
TRUSTEES' ANNUAL REPORT
For the Period Ending 31st July 2025
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House of Prayers for All Nations – Europe Ltd
Table of Contents
Reference and Administrative Details ......................................................................... 3 Trustees’ Annual Report ................................................................................................ 4 Financial Review 6 Independent Examiner's Report ................................................................................... 7 Statement of Financial Activities .................................................................................. 9 Balance Sheet ................................................................................................................. 16 Statement of Cash Flows .............................................................................................. 11 Notes to the Statement of Financial Activities .......................................................... 12
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House of Prayers for All Nations – Europe Ltd
Reference and Administrative Details
Charity Name: House of Prayer for all Nations - Europe Ltd
Charity Registration No: SC049462 Principal Office: 14 McNeil Gardens Glasgow, G5 0QH
Registered Office: 14 McNeil Gardens Glasgow, G5 0QH Trustees: Jonathan Harlock Maureen Harlock Gery Malanda-Mbedi Pierre Mungombe Dodee Olangi
Trustees Resigned: Nil Bankers: BARCLAYS BANK UK PLC
Independent Accountants: Ethnic Minority Resource Centre Suite 5.6, 5th Floor Standard Buildings 94 Hope Street Glasgow, G2 6PH
Independent Examiner: HPJ Accountancy & Consultancy Ltd Suite 5.6, 5th Floor Standard Buildings 94 Hope Street Glasgow, G2 6PH
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House of Prayers for All Nations – Europe Ltd
Trustees’ Annual Report For the Period Ended 31st July 2025
The trustees have pleasure in presenting their report together with the financial statements and the independent examiner’s report for the period ended 31st July 2025.
Structure, Governance and Management
Constitution
House of Prayers for All Nations – Europe Ltd is a registered Scottish Charity (SC049462), with effect from 22nd July 2019. All its affairs are governed by the Board of Trustees as stipulated in the terms of the Charity Constitution.
Appointment of Trustees
The charity must have not less than 3 and not more than 8 Trustees at any time. Any person who wishes to become a Trustee must be member of the congregation and questions arising from the nomination of any individual to join the board of trustee is decided by a majority of votes (each executive committee member present has one vote) and in case of an equality of votes the chairman usually have a second or casting vote.
Therefore, the Trustee appointment is in accordance with the constitution. House of Prayers for All Nations – Europe Ltd is responsible for induction of any new elected Trustee which involves awareness of a Trustee’s responsibilities, the Governing document, administrative procedures, the history, and philosophical approach of the charity.
A new Trustee would receive copies of the previous year’s annual report and accounts and a copy of the Office of Scottish Charity Regulator leaflet; “The Essential Trustee: What do you need to know”.
Organisational structure
The constitution gives the trustees the power to apply the funds in such a manner as they think fit. The Trustees are the managerial arm of the charity. They meet regularly and make decisions for and on behalf of the charity. Major decisions of a managerial and financial nature are minuted.
Management & Governance
The charity is controlled by its governing document, a constitution, and constitutes a Scottish Charitable Incorporated Organisation. For Trustees meetings, a quorum shall comprise of at least three of the Trustees and decisions shall be made based on a majority vote.
The Trustees shall be responsible for the finances of the charity and the preparation of the annual accounts which shall be independently examined or audited as required by statute and made available for public scrutiny if required.
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House of Prayers for All Nations – Europe Ltd
Objectives and Activities
The principal purpose of the HOUSE OF PRAYER FOR ALL NATIONS – EUROPE LTD is the advancement of the Christian faith according to the principles of the beliefs stated in the Constitution and to advance education and carry out other charitable purposes in the United Kingdom and/or other parts of the world
Activities include but are not restricted to: regular public worship, prayer, Bible study, preaching and teaching; the Communion of the Lord’s Supper; healing the sick, evangelism and mission, locally, regionally, nationally and internationally; the teaching, encouragement, welcome and inclusion of young people; nurture and growth of Christian disciples; education and training for Christian and community service; giving and encouraging pastoral care; supporting and encouraging charitable social action such as providing food and shelter for the homeless, supporting addicts, and those suffer from injustices.
Main activities in relation to these objects
The House of Prayers for All Nations – Europe conducts the following for the furtherment of our objectives: -
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Regular Sunday services for worship and teaching
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Regular weekly bible studies, to a variety of groups of people, including homeless, those at risk from physical abuse, both employed and unemployed
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Regular prayer meetings including fasting
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Monthly meeting for seeing the power of God move by way of healing
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Preaching of the gospel in many different environments
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Supporting those in need, both financially and in kind
Achievement and performance
House of Prayer has fully returned back to the normal regular meeting and prayer schedules though we have continued to use technology such as zoom for some of our meetings, but our cell group meeting and weekly bible studies have fully got back to physical meetings.
Our healing meetings have been held much in physical and some via zoom, and we have continued seen people healed of various conditions including depression, cancer and diabetes.
Due to an active support, House of Prayer for All Nations has continued with the series of Voice of Healing on TBN television.
Throughout the time we have seen a growth in numbers attending both physical and via zoom, and seen people grow in their faith and activities such as praying for people to be healed, and seeing these people healed.
House of Prayer continues with the commitment of supporting people who are in deep financial need with the provision of small grants and food, in the Glasgow area.
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House of Prayers for All Nations – Europe Ltd
Financial Review
General review:
During the financial period ending on 31st July 2025, the total income amounted to £22,517 which consists of income from donations, offerings and tithes collected from the congregation. The total expenditure for the year was £21,712. The overall annual financial result was an operational surplus of £805.
Reserve Policy
The House of Prayers for All Nations – Europe leadership has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets (“the free reserves”) held by the charity should be between three and six months of the resources expended, which equates to from £5,428 to £10,856 should be in general funds. However, at this moment the trustees believe that there should be fresh financial ideas to boot the financial position to continue with the current activities of the charity as we have a significant drop in funding. It would obviously be necessary to consider how the funding would be replaced or activities changed. At present the free reserves which amount to £109 is not a good level and the trustees are unsatisfied with this position.
Risk management
The Board of Trustees is aware and has assessed the major risks to which House of Prayers for All Nations – Europe is exposed, those related to the operations and finances and is satisfied that the systems in place are robust enough to mitigate all major risks.
Future Plans
The Trustees plan to continue to promote the Christian Faith by involvement in the community and beyond as set out in the objectives.
Approved by the trustees on 14th April 2026 and signed on their behalf by: -
Jonathan Harlock Chairman
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House of Prayers for All Nations – Europe Ltd
Independent Examiner's Report
For the period ended 31st July 2025
Independent Examiner’s Report to the Trustees of House of Prayers for All Nations – Europe Ltd.
I report on the financial statement of the charity for the period ended 31st July 2025, which are set out on pages 9 to 16.
Respective responsibilities of trustees and examiner
The charity’s trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 (“the 2005Act”) and the Charities Accounts (Scotland) Regulations 2006 (as amended) (“the 2006 Regulations”). The charity’s trustees consider that the audit requirement of Regulation 10(1) (d) of the 2006 Regulations does not apply. It is my responsibility to examine the accounts as required under section 449(1) (c) of the 2005 Act and to state whether particular matters have come to my attention.
Basis of independent examiner’s statement
My examination is carried out in accordance with Regulation 11 of the 2006 Regulations. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeks explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently, I do not express an audit opinion on the view given by the accounts.
Independent examiner’s statement
In connection with my examination, no matter has come to my attention: -
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Which gives me reasonable cause to believe that in any material respect, the requirements: -
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To keep accounting records in accordance with section 44(1) (a) of the 2005 Act and
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Regulation 4 of the 2006 Regulations, and
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To prepare Accounts which accord with the accounting records and comply with
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Regulation 9 of the 2006 Regulations (as amended)
Have not been met
- I would however recommend that the charity continue to maintain all accounting documents and records in accordance with the 2005 Act, and the accounts should comply with Regulation 9 of the 2006 Accounts Regulations (as amended).
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House of Prayers for All Nations – Europe Ltd
28/04/2026
HPJ - CA Suite 5.6, 5th Floor, Standard Buildings 94 Hope Street Glasgow, G2 6PH
Relevant professional qualifications and body
Qualified Accountant – Member of AIA & ACIE
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House of Prayers for All Nations – Europe Ltd
Statement of Financial Activities
For the period ending 31st July 2025
| Unrestricted funds £ Income & Endowments from: Donations & Legacies 22,493 Charitable Activities 0 Investments 24 Other 0 Total 22,517 Expenditure on: Raising Funds 0 Charitable Activities 19,610 Other 2,102 Total 21,712 Net gains/(losses) on investments Net income/(expenditure) 805 Transfers between funds 0 Other recognised gains/(losses) Gains/(losses) on revaluation of fixed assets 0 Gains/(losses) on investment assets 0 Actuarial gains/(losses) on defined benefit pension schemes 0 Net movement in funds 805 Reconciliation of funds Total funds bought forward (696) Total funds carried forward 109 |
Restricted funds £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 |
Total funds 2025 £ 22,493 0 24 0 22,517 0 19,610 2,102 21,712 805 0 0 0 0 805 (696) 109 |
Total funds 2024 Further Details £ 25,381 3 0 4 0 5 0 25,381 0 21,608 6 1,219 7 22,827 2,554 0 0 0 0 2,554 (3,250) (696) |
|---|---|---|---|
The statement of financial activities includes all gains and losses in the year. All incoming resources, and resources expended derived from continuing activities.
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House of Prayers for All Nations – Europe Ltd
| Balance Sheet | |||
|---|---|---|---|
| As at 31st July 2025 | |||
| 2025 | 2024 | ||
| Fixed Assets | Fixed Assets | ||
| Tangible Assets Investments Total Fixed Assets |
otal Fixed Assets 1,331 0 1,331 |
1,774 0 2,831 |
1,774 9 |
| Current Assets | |||
| Debtors | 0 | 0 | |
| Income accrued | 0 0 | 0 0 | 10 |
| Cash at bank & in hand | 880 | 1,479 | |
| Total Current Assets | 880 | 1,479 | 1,479 |
| Liabilities | |||
| Creditors amount falling due within one year | 2,102 | 1,355 | 11 |
| Net Current assets | Net Current assets (1,222) | (492) | |
| Total assets less current liabilities | |||
| Creditors amount falling due after one year | Creditors amount falling due after one year 0 |
2,594 | 2,594 |
| Net Assets | 109 | 659 | |
| The funds of the charity: | 12 | ||
| Church Building Reserve 0 | Church Building Reserve 0 | 0 | |
| General Reserve | 0 | 0 | 0 |
| Unrestricted income funds | 109 | (696) | (696) |
| Restricted income funds | 0 | 0 | 0 |
| Total Funds 109 | Total Funds 109 | (696) |
The notes at pages 12 to 16 form part of these accounts.
Approved by the trustees on 05th July 2025 and signed on their behalf by:
Chairperson
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House of Prayers for All Nations – Europe Ltd
Statement of Cash Flows
For the year ending 31st July 2025
| Cash flows from operating activities: Net cash provided by (used in) operating activities Cash flows from investing activities: Purchase of Office Equipment Proceed from Sales of Investment Interest Net cash provided by (used in) investing activities Cash flows from financing activities: Cash inflows from Borrowing Net cash provided by (used in) financing activities Increase (decrease) in cash & cash equivalents in the year Cash & cash equivalents at the beginning of the year Total cash & cash equivalents at the end of the year Reconciliation of net income/(expenditure) to net cash flow from operating activities. Adjustments for: Depreciation charges (Gains)/losses on investments Dividends, interest & rent from investments Loss/(profit) on sale of fixed assets (Increase)/decrease in stocks (Increase)/decrease in debtors Increase/(decrease) in creditors Net cash provided by (used in) operating activities Analysis of cash and cash equivalents Cash at Bank and in hand Notice deposits (less than 3 months) Overdraft facility repayable on demand Total bank and cash equivalents |
||
|---|---|---|
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House of Prayers for All Nations – Europe Ltd
Notes to the Statement of Financial Activities
1. Accounting Policies
The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
a) Basis of preparation
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended)
Christ Ambassadors’ Community Church meet the definition of a public benefit entity under FRS 102
Assets and liabilities are initially recognised at historical cost or transaction value unless stated in the relevant accounting policy note(s).
b) Reconciliation with previous Generally Accepted Accounting
Practice.
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items were required.
c) Preparation of the accounts on a going concern basis
The Trustees believe there is no foreseeable circumstance to restrict the Charity from continuing a Going Concern.
d) Income
Income is recognised when received. However, in accordance with FRS102, income is accrued if not received in the financial year commensurate with the activity of the charity.
e) Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity, this is normally upon notification of the interest paid or payable by the Bank.
f) Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Charity’s work or for specific artistic projects being undertaken by the Charity.
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House of Prayers for All Nations – Europe Ltd
g) Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably.
h) Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support the Charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 7
i) Tangible fixed assets
Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a reducing balance method, as follow; Office furniture and equipment at 20%, and Motor Vehicle at 20%. Church Building is not depreciated.
j) Stock
Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value, which is the amount the charity would have been willing to pay for the items on the open market.
k) Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
l) Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
m) Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
n) Transition to FRS 102
No subsequent restatement of items has been required in making the transition to FRS 102. The charity prepared the accounts on accrual basis and in accordance with the Financial Reporting Standard applicable in the UK and the Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP [FRS 102]), and Companies Act 2006.
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House of Prayers for All Nations – Europe Ltd
2. Legal status of the Charity
House of Prayers for All Nations - Europe Ltd was recognised as a Scottish charity with effect from 31st of March 2019. The Charity is administered in accordance with the terms of the Charity Constitution.
| 3. Income from donations and legacies General Donations |
2025 22,493 22,493 |
2024 25,381 25,381 |
|
|---|---|---|---|
House of Prayers for All Nations - Europe is grateful to the charities who gave grant funding. In accordance with FRS102 and the Charities SORP (FRS102), the economic not recognised in the accounts.
4. Income from charitable activities
Gift Aid Claim Accrued 0 0 Small Donations Claim 0 0 0 0
5. Investment Income
| 5. Investment Income | ||
|---|---|---|
| Bank interest 6. Analysis of expenditure on Charitable Activities Restricted Training Salaries Other Unrestricted General Expenses Total |
24 0 0 0 |
0 0 0 0 0 22,827 22,827 |
| 0 19,610 19,610 |
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House of Prayers for All Nations – Europe Ltd
7. Analysis of governance & support costs
| Professional fees | 2,102 | 1.219 |
|---|---|---|
| Salaries, wages & related costs | 0 | 0 |
| General office & general charity expenses | 0 | 0 |
8. Analysis of staff costs
Salaries & Wages 0 0
The charity Trustees did not receive any benefits from employment. No charity trustee payment for professional services nor had personal expenses reimbursed. There was no party transactions. The Charity does not operate a defined contribution pension scheme there is no pension cost charged for the period to represent contribution payable to the scheme.
9. Tangible Fixed Assets
Tangible fixed assets
| Church Building Computer & equipment Furniture & Fittings Totals |
|
|---|---|
| £ £ £ £ |
|
| Cost | |
| As at 01.08.2024 | - 3,814 - 3,814 |
| Additions | - - - - |
| Disposals As at 31.07.2025 Depreciation As at 01.08.2024 Charge for year As at 31.07.2025 Net Book Value |
- - - - |
| - 3,814 - 3,814 |
|
| - 2,040 - 2,040 - 444 - 444 |
|
| - 2,484 - 2,484 |
|
| As at 31.07.25 | - 1,331 - 1,331 |
| As at 31.07.24 | - 1,774 - 1,774 |
Fixture & Fittings, Computer & Equipment are depreciated at 25% Reducing Balance, while Church Building is not depreciated.
10. Debtors & Accrued Income
Other Debtors 0 0 Total 0 0
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House of Prayers for All Nations – Europe Ltd
| 11. Liabilities: amounts falling due within a year. Accrued expenses 12. Funds of the charity General Reserves (Accruals) Bank and Cash – Unrestricted Bank – Restricted Other Total of bank account Unrestricted income funds Restricted Income Funds Total funds of the charity 13. Cash flows from operating activities Net movement in funds Bank and Cash in hand |
2,102 109 880 0 0 880 109 0 109 880 880 |
2,594 (696) 1,479 0 0 1,479 (696) 0 (696) 1,479 1,479 |
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|---|---|---|---|---|
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