## **Avail**
## **Charity No. 1017386**
## **Trustees' Report and Unaudited Accounts**
**31 March 2021**
**Avail Contents**
||Pages|
|---|---|
|Trustees' Annual Report|2|
|Independent Examiner's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7|
|Statement of Cash flows|14|
|Notes to the Accounts|8|
|Detailed Statement of Financial Activities|15|
Page 1
**Avail Trustees Annual Report**
The Trustees present their report with the unaudited financial statements of the charity for the year ended 31 March 2021.
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Charity No. 1017386**
## **Principal Office**
62 Holborn Approach Woodhouse Leeds West Yorkshire LS6 2PD
## **Trustees**
The following Trustees served during the year:
Caitlin Mbewe Chris French David Medlock David Vine Tom Patkai
## **Key Management Personnel**
Administrator Esther Mary French Signatory Peter Phillip French Mission Worker and signatory for Avail Grace Olaf Brellenthin Administrator and signatory for Avail Bolivia John Britton **Accountants**
HCA Group Capital House 7 Sheepscar Court Northside Business Park Leeds LS7 2BB
## **Bankers**
HSBC UK PO BOX 105 33 Park Row Leeds West Yorkshire LS1 1LD
Page 2
**Avail Trustees Annual Report**
## **AIMS AND OBJECTIVES**
These remain as per the original trust deed that is to assist and support Christians and their projects home and worldwide and to enable the preaching of the good news of the Lord Jesus Christ. The policy making process and the policies that effect the working of the charity
1. The present trustees agree that the establishing of a successful mission is second to the needs of those they are serving.
2. Appointing new trustees and officers, the existing trustees acknowledge that only those of maturity and experience in Christian work would be eligible, they would also need to be supportive of the aims and purposes of the charity.
3. The trustees meet a twice a year and are in regular contact via all established means of communication. They recognise that the back office work depends on Mr Christopher French (chairman). He in turn agrees to fulfil their decisions.
4. Having produced a booklets on our beliefs and working practice, advice for missionaries, Crisis management and accounting procedures we have documents that set out where we stand in regard to mission.
We adhered to our aims and objectives during the year. The personal touch of trustees was hampered because of pandemic but the financial support was beyond anything previously experienced.
## **OVERVIEW**
A mixed year but we are encouraged that we have fulfilled everything required by the Charity Commission and the principles of our Statement of Faith.
Once we realised the detrimental effect of the Covid pandemic in poor countries we opened a fund to assist Covid-related problems such as health, famine, school fees etc. The uptake was extremely successful and showed people's care and compassion. The charity passed on all income without any charge being levied.
## **FRAUD PERPETRATED ON THE CHARITY**
The charity was the subject of a fraud and have lost £170,000.
The charity had surplus funds in its current accounts and the trustees were looking to place funds in fixed deposit accounts. The trustees decided to place £170,000 with Quilter Cheviot, a firm of investment managers in October 2019, and transferred £170,000 to an account they believed to be in the name of Quilter Cheviot.
In September 2020, the charity approached Quilter Cheviot for a statement and maturity value only to be informed by Quilter Cheviot that they had no knowledge of funds being placed with them. The charity then discovered that they had transferred funds to a “cloned” account and that a fraud had been perpetrated on them.
Upon discovery, the trustees took steps to inform the Charity Commission who advised them to report the matter to Action Fraud and the police, which we duly did.
We have had extensive correspondence with the Charity Commission, Action Fraud and the charity’s bankers, Virgin Money (previously Yorkshire Bank). We are saddened and disappointed to conclude that there are no realistic prospects of recovering the amount defrauded.
Page 3
**Avail Trustees Annual Report**
## **FUTURE OF THE CHARITY**
When we meet as trustees we are conscious of growing in our understanding and are seeing the benefits reaped in terms of those who have chosen to register with us.
Practically we remain committed to our statement 'Serving those who serve'. Our desire to serve and honour the Lord as charity trustees is at the base of everything. We are conscious that He is the Lord of all and it is to Him we look for help and wisdom.
We recognise the importance of remaining fresh and in touch with new opportunities, and we see the benefit of appointing the new trustees.
We review annually those who are registered with us and discuss how best we can serve them.
We remain focused on the desire to see younger folk appointed as trustees.
We see the need to develop our presence on the internet and have agreed to enhance our website. Alongside this we are looking to produce videos of the work and of those who initiated the vision. Safeguarding has become extremely important and we realise that personal integrity and financial honesty are not issues to be taken lightly by the trust or by those registered with us. It was shocking to us that we were defrauded by unknown people who had cloned a bona fide investment company (Quilter Cheviot). Once it was realised we contacted Action Fraud and started the process of challenging Yorkshire Bank who have steadfastly refuted our claims that they had a responsibility. We are pleased to be told by our business manager at HSBC that he was pleased with our efforts to fulfil financial security.
## **Statement of trustees' responsibilities in relation to the financial statements**
The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust deed. The Trustees are also responsible for safeguarding the assets of the charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the charity's trustees
Chris French Trustee 14 January 2022
Page 4
**Avail Independent Examiners Report**
## **Independent Examiner's Report to the trustees of Avail**
I report to the trustees on my examination of the accounts of Avail for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes.
## **Responsibilities and basis of report**
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011('the Act'). The trustees consider that an audit is not required for this year under the Charities Act 2011, s.144(2) (the 2011 Act) and that an independent examination is needed.
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of ICAEW (The Institute of Chartered Accountants in England and Wales).
## **Matter of Concern**
I have completed my examination. I have identified a matter of concern in my report because I have concerns that there has been material expenditure or action not to be in accordance with the trusts of the charity.
The accounts disclose a loss of an investment of £170,000. The trustees explained this arose because they transferred £170,000 (2 payments of £85,000 each) to an account they believed to be in the name of an investment manager.
In September 2020, the charity approached the investment manager for the statement and maturity value only to be informed by the investment manager that they had no knowledge of the funds being placed with them. The trustees then disclosed that they had transferred funds to a "cloned account" and that the fraud has been perpetrated on the charity. The trustees have actively attempted to recover the funds, but without any success. The trustees have reported the matter to the charity's bankers, the Charity Commission and Action Fraud.
Other than this matter, I can confirm that no other material matters have come to my attention in connection with the examination giving me cause to believe that in, any material aspect :
- the accounting records were not kept in respect of the charity as required by section 130 of the Act; or
- the accounts do not accord with those records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
I have no other concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Raza Effendi FCA MBA
ICAEW (The Institute of Chartered Accountants in England and Wales) HCA Group
Capital House , 7 Sheepscar Court, Northside Business Park LS7 2BB
14 January 2022
Page 5
## **Avail Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Note**
**s**
**Income and endowments**
**from:**
Donations and legacies
3
**Total**
**Expenditure on:**
Mission support
4
Other
5
**Total**
Net losses on investments
due to fraud
9
**Net (expenditure)/income**
6
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|**Unrestricted**
**funds**
**2021**
**£**
677,137|**Restricted**
**funds**
**2021**
**£**
36,602|**Total funds**
**2021**
**£**
713,739|**Total funds**
**2020**
**£**
580,064|
|---|---|---|---|---|
||677,137
599,796
15,265|36,602
10,601
1,764|713,739
610,397
17,029|580,064
417,688
47,566|
||615,061
-|12,365
(170,000)|627,426
(170,000)|465,254
-|
||62,076
-|(145,763)
-|(83,687)
-|114,810
-|
||62,076|(145,763)|(83,687)|114,810|
||62,076
303,089|(145,763)
241,369|(83,687)
544,458|114,810
429,647|
||365,165|95,606|460,771|544,457|
Page 6
**Avail Balance Sheet**
**at 31 March 2021**
|**Charity No. 1017386**
**Fixed assets**
Tangible assets
8
Investments
9
**Current assets**
Debtors
10
Cash at bank and in hand
**Creditors:**Amount falling due within one year
11
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
12
Restricted income funds
**Unrestricted funds**
12
Designated funds
**Total funds**|**2021**
**£**
2,811
-
2,811
7,972
451,188
459,160
(1,200)
457,960
460,771
460,771
460,771
95,606
95,606
365,165
365,165
460,771|**2020**
**£**
3,307
170,000|
|---|---|---|
|||173,307
9,005
363,346|
|||372,351
(1,200)|
|||371,151
544,458|
|||544,458|
|||544,458|
|||241,369|
|||241,369
303,089|
|||303,089|
|||544,458|
Approved by the trustees on 14 January 2022
And signed on their behalf by:
Chris French Trustee 14 January 2022
Page 7
**Avail Notes to the Accounts**
## **for the year ended 31 March 2021**
- 1 **Accounting policies**
## **Basis of preparation**
The financial statements have been prepared in accordance with 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 if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
## **Change in basis of accounting or to previous accounts**
There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years.
## **Fund accounting**
- Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity.
- Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
- Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability.
- Income with related Where income has related expenditure the income and related expenditure is expenditure reported gross in the SoFA.
- Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income.
- Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material.
- Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets
Page 8
**Avail Notes to the Accounts**
## **Expenditure**
- Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates.
- Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and charitable activities services in the furtherance of its objects, including the making of grants and governance costs.
- Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid.
- Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs.
- Other expenditure These are support costs not allocated to a particular activity.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Tangible fixed assets and depreciation**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Fixtures and Equipment 15% reducing balance
## **Trade and other 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.
## **Cash and cash equivalents**
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management.
## **Trade and other creditors**
Short term creditors are measured at the transaction price. Other 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.
Page 9
**Avail Notes to the Accounts**
## **Foreign currencies**
Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period.
Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred.
All exchange differences are are taken into account in arriving at net income/expenditure.
## **Receipt of donated goods, facilities and services**
All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity.
- 2 **Statement of Financial Activities - prior year**
|**Income and endowments from:**
Donations and legacies
**Total**
**Expenditure on:**
Charitable activities
Other
**Total**
**Net income**
**Net income**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Donations
Gift Aid|**Unrestricted**
**£**
645,049
32,088
677,137|**Unrestricted**
**funds**
**2020**
**£**
553,306
553,306
405,304
40,823
446,127
107,179
107,179
107,179
195,909
303,088
**Restricted**
**£**
33,604
2,998
36,602|**Restricted**
**funds**
**2020**
**£**
26,758
26,758
12,384
6,742
19,126
7,632
7,632
7,632
233,738
241,370
**Total**
**2021**
**£**
678,653
35,086
713,739|**Total funds**
**2020**
**£**
580,064|
|---|---|---|---|---|
|||||580,064
417,688
47,565|
|||||465,253|
|||||114,811|
|||||114,811|
|||||114,811
429,647|
|||||544,458|
|||||**Total**
**2020**
**£**
547,159
32,905|
|||||580,064|
Page 10
## **Avail**
## **Notes to the Accounts**
|4
**Expenditure on charitable activities**
**Unrestricted**
**£**
_Expenditure on charitable_
_activities_
Gifts and Mission Support
589,748
Disaster Relief
-
Child Support
10,048
599,796
5
**Other expenditure**
**Unrestricted**
**£**
Motor and travel costs
3,245
Premises costs
1,474
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
496
General administrative costs
8,850
Legal and professional costs
1,200
15,265
6
**Net (expenditure)/income before**
**transfers**
This is stated after charging:
Depreciation of owned fixed assets
7
**Staff costs**
No employee received emoluments in excess of £60,000.|**Restricted**
**£**
560
-
10,041
10,601
**Restricted**
**£**
-
1,400
-
364
-
1,764
**2021**
**£**
496|**Total**
**2021**
**£**
590,308
-
20,089
610,397
**Total**
**2021**
**£**
3,245
2,874
496
9,214
1,200
17,029|**Total**
**2020**
**£**
379,700
25,570
12,418|
|---|---|---|---|
||||417,688|
||||**Total**
**2020**
**£**
23,732
12,036
583
10,015
1,200|
||||47,566|
||||**2020**
**£**
583|
Page 11
**Avail Notes to the Accounts**
## 8 **Tangible fixed assets**
|**Cost or revaluation**
At 1 April 2020
At 31 March 2021
**Depreciation and**
**impairment**
At 1 April 2020
Depreciation charge for the
year
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
9
**Investments**
**Cost**
At 1 April 2020
Loss due to fraud
At 31 March 2021
**Net book values**
At 31 March 2021
At 31 March 2020
10 **Debtors**
Other debtors
11 **Creditors:**
amounts falling due within one year
Accruals and deferred income|**2021**
**£**
7,972
7,972
**2021**
**£**
1,200
1,200|**Fixtures and**
**Equipment**
**£**
30,776
30,776
27,469
496
27,965
2,811
3,307|**Total**
**£**
30,776|
|---|---|---|---|
||||30,776|
||||27,469
496|
||||27,965|
||||2,811|
||||3,307|
||||**Total**
**£**
170,000
(170,000)|
||||-|
||||-|
||||170,000|
||||**2020**
**£**
9,005|
||||9,005|
||||**2020**
**£**
1,200|
||||1,200|
Page 12
**Avail Notes to the Accounts**
## 12 **Movement in funds**
|**Restricted funds:**
**Restricted income funds:**
_Total_
**Unrestricted funds:**
**Designated funds:**
_Total_
**Total funds**
13 **Analysis of net assets between funds**
Fixed assets
Net current assets
14 **Reconciliation of net cash**
Cash and cash equivalents
Net cash|**At 1 April**
**2020**
241,369
241,369
303,089
303,089
544,458|**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
(133,398)
(133,398)
677,137
677,137
543,739
**Unrestricted**
**funds**
**£**
2,811
192,354
195,165
**At 1 April**
**2020**
**£**|**Resources**
**expended**
**£**
(12,365)
(12,365)
(615,061)
(615,061)
(627,426)
**Restricted**
**funds**
**£**
-
265,606
265,606
**Cash flows**
**£**|**At 31**
**March**
**2021**
**£**
95,606|
|---|---|---|---|---|
|||||95,606|
|||||365,165|
|||||365,165|
||||||
|||||460,771|
|||||**Total**
**£**
2,811
457,960|
|||||460,771|
|||||**At 31**
**March**
**2021**
**£**|
|||363,346|87,842|451,188|
|||363,346
363,346|87,842
87,842|451,188|
|||||451,188|
||||||
Page 13
**Avail Statement of Cash flows for the year ended 31 March 2021**
|**Cash flows from operating activities**
**Net (expenditure)/income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Decrease in trade and other receivables
Decrease in trade and other payables
**Net cash (used in)/provided by operating activities**
**Cash flows from investing activities**
Loss from fraud
**Net cash from investing activities**
**Net cash from financing activities**
**Net increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2021**
**£**
(83,687)
496
1,033
-
(82,158)
170,000
170,000
-
87,842
363,346
451,188|**2020**
**£**
114,811
583
21,843
(1)|
|---|---|---|
|||137,236|
|||-|
||||
|||-|
||||
|||-|
||||
|||137,236|
|||396,110|
|||533,346|
||||
|**Components of cash and cash equivalents**|||
|Cash and bank balances|451,188|363,346|
||||
||451,188|363,346|
Page 14
**Avail Detailed Statement of Financial Activities**
## **for the year ended 31 March 2021**
|**Income and endowments from:**
Donations and legacies
Donations
Gift Aid
**Total income and endowments**
**Expenditure on:**
Charitable activities
Gifts and Mission Support
Disaster Relief
Child Support
**Total of expenditure on charitable**
**activities**
Motor and travel costs
Travel and subsistence
Premises costs
Rent
Other premises costs
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures and
Equipment
Bank charges
Software, IT support and related
costs
Sundry expenses
Telephone, fax and broadband
Legal and professional costs
Audit/Independent examination
fees
**Total of expenditure of other costs**
**Total expenditure**|**Unrestricte**
**d funds**
**2021**
**£**
645,049
32,088
677,137
677,137
589,748
-
10,048
599,796
599,796
3,245
3,245
1,474
-
1,474
496
856
4,554
3,044
396
9,346
1,200
1,200
15,265
615,061|**Restricted**
**funds**
**2021**
**£**
33,604
2,998
36,602
36,602
560
-
10,041
10,601
10,601
-
-
1,400
-
1,400
-
84
-
-
280
364
-
-
1,764
12,365|**Total funds**
**2021**
**£**
678,653
35,086
713,739
713,739
590,308
-
20,089
610,397
610,397
3,245
3,245
2,874
-
2,874
496
940
4,554
3,044
676
9,710
1,200
1,200
17,029
627,426|**Total funds**
**2020**
**£**
547,159
32,905|
|---|---|---|---|---|
|||||580,064|
|||||580,064
379,700
25,570
12,418|
|||||417,688|
|||||417,688
23,732|
|||||23,732|
|||||9,141
2,895|
|||||12,036|
|||||583
990
3,818
4,564
643|
|||||10,598|
|||||1,200|
|||||1,200|
||||||
|||||47,566|
|||||465,254|
Page 15
## **Avail Detailed Statement of Financial Activities**
|**Avail**
**Detailed Statement of Financial Activities**|||||
|---|---|---|---|---|
|Net losses on investments due to
fraud
**Net (expenditure)/income**
**Net (expenditure)/income before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|-
62,076
62,076
-
62,076
303,089
365,165|(170,000)
(145,763)
(145,763)
-
(145,763)
241,369
95,606|(170,000)
(83,687)
(83,687)
-
(83,687)
544,458
460,771|-|
|||||114,810|
|||||114,810
-|
|||||114,810|
|||||429,647|
|||||544,457|
Page 16