2023-03-31-accounts - New Growth Ministries Trust

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Trustees’ Annual Report for the period

From Period start date 01 April 2022 To Period end date 31 March 2023

Charity name: New Growth Ministries Trust

Charity registration number: 1022962

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the Trust is the advancement of the Christian religion in Britain and elsewhere.
O
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	The main work of the Trust during the past year, as in recent years, is to provide a stable, supportive and Christian environment for disadvantaged, often orphaned or abandoned, boys in Zimbabwe. To enable this, grants are made in support of the work of a Zimbabwean charitable trust, New Growth Ministries Zimbabwe (NGMZ), Zimbabwe PVO 03/96, using funds donated by individuals, churches and occasionally by other charitable and non-charitable bodies. The grants form the primary source of funding for NGMZ’s boy’s orphanage. The funding provides housing, food, clothing, education, medical needs and job training for up to 23 boys in the home as well as supporting the necessary staff and infrastructure. The trust does not have large investments and all of the income is used to provide grants as and when requested. During the year, the water heaters for the orphanage broke down and the trust funded new solar-powered heaters thanks to a dedicated appeal to supporters. In the summer the chair of the board of trustees of NGMZ came to the UK and visited a number of supporting churches to raise awareness of their work.

		Two of the current trustees have made extended visits to the orphanage in Zimbabwe, one having lived in the area for many years. The most recent visit was in March 2023, resulting in a report on the boys’ educational needs, which is being followed up by a plan to provide after- school catch-up lessons. Mainly due to the uncertain political situation in Zimbabwe the Trust does not have a website advertising its work. Literature in the form of prayer cards, newsletters and reports are largely distributed electronically.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	The Trustees confirm that they comply with the duty under the Charities Act 2006 as amended by the Charities Act 2011, by having due regard to public benefit guidance published by the Commission.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
Policy on grant making	Para 1.38	Grants are made monthly in the usual course of events, following submission of requests from New Growth Ministries (Zimbabwe), to cover past and anticipated future expenditure.
Policy on social investment including program-related investment	Para 1.38
Contribution made by volunteers	Para 1.38	The sole volunteer for the Trust is the Independent Examiner of the Annual Accounts.
Other

Achievements and Performance

	SORP reference
Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.	Para 1.20	During the financial year ended 31 March 2023 the Trust made grants in support of New Growth Ministries Zimbabwe (NGMZ) of over £45,000. Some of the income is given for designated areas of work, non- designated gifts are used for general running expenses and to supplement designated gifts should the need arise. NGMZ runs an orphanage for boys on a small farm near Chinhoyi (Zimbabwe): most of the income granted by NGMT is used to support the orphanage, the children, and the 17 orphanage and farm staff and their families. The farm provides some of the food needed for the orphanage and also raises some income. The work of NGMZ is highly regarded in Zimbabwe and relationships with the local Social Welfare offices, schools and medical facilities are well established. The Trustees of New Growth Ministries (Zimbabwe) have produced monthly reports which are seen by New Growth Ministries Trust. During the reporting period: • Up to 22 boys have been accommodated in the orphanage ranging in age from a few weeks to 18 years. At 18 years, boys leave the orphanage to seek work, some being retained by New Growth Ministries (Zimbabwe) for training in building and general maintenance tasks. • Two children were given temporary places at the orphanage – a designated place of safety - at the request of local social services. • Seven boys are attending secondary school and nine attending primary school. All fees, uniforms and equipment are provided by NGMZ. Six boys attend an in-house pre-school. • Sponsorship is provided for orphanage boys studying at college, one of whom recently acquired 9 O Levels and another gained 3 A Levels and has taken up a place to study medicine at the University of Zimbabwe.

•	NGMZ has provided sponsorship
	and support for boys who go on to
	further study, including in law,
	medicine and accountancy. This
	year we began supporting one of
	the boys to study social work at
	university.
•	The older boys are receiving
	farming training and were able to
	sow and harvest maize this year.
•	There is considerable interest in the
	work of the orphanage from external
	organisations who visit from time to
	time.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against objectives set	Para 1.41	Grants are made by the Trust to meet beneficiaries’ needs, but in accordance with income received. From time-to-time additional needs are made known to supporters and funds are distributed in response to such needs. This has enabled the orphanage to continue operating and take on additional children in need at the request of local social services. The local community support work of NGMZ carried out in earlier years has now been passed on to other local organisations due to the local situation and limited funds.
Performance of fundraising activities against objectives set	Para 1.41	The Trust does not actively fundraise as a matter of principle, but makes the situation of beneficiaries known to supporters by distributing newsletters and giving presentations. This reporting period, income received has balanced beneficiaries’ monthly operating needs and has enabled undertaking the additional project of replacing the orphanage water heaters.
Investment performance against objectives	Para 1.41	N/A
Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The income for the Trust has increased as compared to the previous year thanks to a generous legacy and a Lent appeal at one of our supporting churches for the water heaters. The Trust is still in credit, with a balance of £28,971 at the end of the reporting period. Of that sum, £9,319 is reserved as a pension fund for Rob and Hilary Mackenzie MBE, founders of New Growth Ministries Zimbabwe, now retired.
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	The Trust operates on the principle that monies donated should be used for the support of the agreed beneficiaries. Funds derived from donations towards supporting the MacKenzies pension have been moved to a deposit account to enable clearer accounting andvisibility.
Amount of reserves held	Para 1.22	No reserves are held
Reasons for holding zero reserves	Para 1.22	The current funding level does not allow the build-up of reserves.
Details of fund materially in deficit	Para 1.24	The Trust has no funds in deficit.
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	The legacy mentioned above has given more stability to the charity’s finances and provides confidence in being able to meet beneficiaries’ needs for the coming year. The low number of regular donors remains a cause for concern in the longer term.

Additional information (optional) You may choose to include further statements	Additional information (optional) You may choose to include further statements	where relevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47	Generally, funds are provided by individual donors and churches. Occasionally, funds are donated from other trusts. Trustees and representatives of NGMZ on summer holiday pay visits to donor churches to raise awareness of the work A number of donors use Gift Aid and claims to HMRC are submitted during the course of the year. Funds are mainly held in a current account with Lloyds Bank and require signatures from two Trustees to authorise withdrawals and payments.
Investment policy and objectives including any social investment policy adopted	Para 1.46	The Trust does not hold any material investments.


A description of the principal risks facing the charity	Para 1.46	The most recent assessment is dated September 2018. The principal risks are: • Unwarranted action by governmental or non-governmental forces in Zimbabwe leading to unfavourable press coverage in the UK. • Incapacity or illness of New Growth Ministries Zimbabwe staff or directors leading to inability to further the objectives of the Trust. • Loss of income due to reduction in support base
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed
How is the charity constituted? (e.g. unincorporated association, CIO)	Para 1.25	Trust
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	The trustees have power by 2/3 majority to appoint trustees at their discretion. An agreed statement covering policy and practice for adopting new trustees is available from the secretary.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51	New Growth Ministries Trust is a small trust and such policies and procedures are therefore less relevant. New trustees are brought in as and when required and to fill gaps in expertise or replace retiring/moving incumbents. Expectations placed upon trustees, and guidelines for recruitment, are captured in the Trust’s Policy Document.

The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The Trust is small and has only adopted policies required for statutory compliance, for example for the protection of vulnerable beneficiaries. The trust operates within the confines of the Trust Deed and is presently primarily concerned with the support of New Growth Ministries (Zimbabwe) set up by Rob Mackenzie MBE and Hilary Mackenzie MBE, now retired but acting as ambassadors for the trust. Support is by way of providing grants for the work of NGMZ and if in the UK NGMZ directors and trustees are invited to attend NGMT trustee meetings. There is regular email, phone and video communication between NGMT and NGMZ officers. Trustees regularly communicate electronically and meet at least twice a year to review the work of the trust and to undertake forward planning.
Relationship with any related parties	Para 1.51	Hilary Mackenzie MBE is the daughter of Dr Martin White and sister of Caroline Winterburn, both trustees. Hilary and her husband Rob Mackenzie MBE are known personally to all the Trustees.
Other

Reference and Administrative details

Charityname	New Growth Ministries Trust
Other name the charity uses
Registered charity number	1022962
Charity’s principal address	Neaves Cottage Stone Pit Lane Henfield West Sussex BN5 9QU

Names of the charity trustees who manage the charity

Trustee name	Office (if any)	Dates acted if not for whole year
John Marshall	Chair
Martin White	Treasurer	1 April – 19 May2022
Sarah Marshall	Trustee
Caroline Winterburn	Trustee
Luigi Marucchi	Trustee

– Corporate trustees names of the directors at the date the report was approved

Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity Name and objects of the charity on whose behalf the NA assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets NA from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of adviser Name Address	Type of adviser Name Address	Type of adviser Name Address
Independent Examiner	Roger Bellamy ACII	1 Beechwood, Millglade, Small Dole, BN5 9YS

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s)

Full name(s) John Marshall

Position (e.g. Secretary, Chair, etc)[Chair ]

Caroline Winterburn

Trustee

Date 17 January 2024

17 January 2024

New Growth Ministries Trust Charity No. 1022962

Income and Expenditure Accounts for the period April 1st 2022 - March 31st 2023

Restricted Open H&R Pension1 Ministry Income Donations £60,823.36 Gift Aid Tax Refund 2021-22 donations £0.00 H&R Pension interest £19.18 £0.18	Restricted Open	Restricted Open	Total	2021-22
	H&R Pension1	Ministry
			£60,823.36 £0.00 £19.36	£38,682.24 £1,747.50
Total income £19.18 £60,823.54 Expenditure Transfers for overseas beneficiaries £45,600.27 Adjustment on Account Creation £0.18 Robpension withdrawal £1,000.00			£60,842.72	£40,429.74
Total Expenditure £1,000.18 £45,600.27 Surplus (Deficit) for the year -£981.00 £15,223.27 Balance b/f from 2020-2021 £10,300.18 £4,429.68			£46,600.45 £14,242.27 £14,729.86	£41,436.00 -£706.26 £14,541.15
Total Funds at 31st March 2023 £9,319.18 £19,652.95 Represented by: Lloyds Charity Cash Account Lloyds Savings Account (H&R Pension)			£28,972.13 £19,652.95 £9,319.18	£14,729.86 £14,729.86

Notes

1 H&R[1] - Hilary and Rob Mackenzie pension fund

2 No Gift Aid was claimed between Apr-22 and Mar-23 due to handover of treasurer role

3 H&R Pension has been transferred to a savings account to maintain separation from ministry funds