2024-03-31-accounts

Trustees’ Annual Report for the period

From Period start date 01 April 2023 To Period end date 31 March 2024

Charity name: New Growth Ministries Trust

Charity registration number: 1022962

Objectives and Activities

	Ref. Charities SORP FRS 102
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.

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, and funding tertiary education for one of the boys who has been accepted at university. The trust does not have large investments, and all of the income is used to provide grants as and when requested. During the reporting period a dedicated appeal was made to improve the educational support for the boys, raising enough funds to bring in two teachers to provide extra English and maths lessons. It

		is hoped that this will help compensate for the very poor provision and facilities at the state schools they attend. In the summer the chair and the treasurer of the board of trustees of NGMZ came to the UK and visited a number of supporting churches, to coincide with thirty-one years since the founding of NGMZ. Several fund- raising events were held during the visit, including a Gospel choir concert and a barn dance. Subsequently a charity auction was held in November to support the work. One of our trustees visited the boys’ home late in 2023 and was able to inspect the facilities, assess the boys’ English and help with addressing security concerns – there had been instances of theft and political pressure linked to high inflation and elections in the country. Over the Christmas period one of the charity’s founders visited the home and was able to gauge the boys’ general health and mood. In the Autumn term a partnership was arranged with a local school in Hove to engage the children with issues faced by children abroad, and fund raising was begun to improve the water supply for the boys’ home in Zimbabwe.
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

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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 2024 the Trust made grants in support of New Growth Ministries Zimbabwe (NGMZ) of almost £55,000. Some of the income is given for designated areas of work whilst 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, raises some income and helps the boys learn about farming. 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 21 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. • One boy, abandoned by his mother, was received into the home – a designated place of safety - at the request of local social services.

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•	Just over half of the boys attend the
	local primary school and less than
	half the local secondary school. The
	remainder (one at the end of the
	reporting period) receives in-house
	pre-schooling. All fees, uniforms
	and equipment are provided by
	NGMZ.
•	NGMZ has provided sponsorship
	and support for boys who go on to
	further study, including in law,
	medicine and accountancy. This
	reporting period we continued
	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.
	However, drought at the end of the
	reporting period has destroyed their
	last crop.
•	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. A key objective this period was the provision of extra educational support, which has resulted in the hire of two after- school teachers.
Performance of fundraising activities against objectives set	Para 1.41	This reporting period, income received has balanced beneficiaries’ monthly operating needs and has enabled undertaking the additional project of hiring after-school teachers.
Investment performance against objectives	Para 1.41	N/A

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Other

Financial Review

Review of the charity’s financial position at the end of the period	Para 1.21	The income for the Trust was comparable to that of the previous reporting period, thanks to a number of fund-raising activities and a Lent appeal at one of our supporting churches, mostly for education support. The Trust is still in credit, with a balance of £38,394 at the end of the reporting period. Of that sum, £8,416 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.
Amount of reservesheld	Para 1.22	Noreserves areheld
Reasons for holding zero reserves	Para 1.22	There are no paid staff or ongoing UK expenses that would have to be met if income drops. Also, the level of income is inadequate to build up a reserve large enough to materially defer cessation of support to the orphanage.
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	N/A

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. 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. • Several supporting churches have held fund-raising events during the reporting period. Funds are held in a current and a deposit account with Lloyds Bank and require signatures from two Trustees to authorise withdrawals and payments.

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Investment policy and objectives including any social investment policy adopted	Para 1.46	The residual pension fund for the Mackenzies is stored in the deposit account in order for interest to counteract some of the effects of inflation.
A description of the principal risks facing the charity	Para 1.46	The principal risks are: • Unwarranted action by governmental or non-governmental forces in Zimbabwe leading to loss of the orphanage and farm. • 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

Type of governing document (trust deed, royal charter)	Para 1.25	Trust Deed dd. 16 June 1993.
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)

Additional information (optional)	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.

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The charity’s organisational structure and any wider network with which the charity works	Para 1.51	The Trust is administered by the board of trustees who make all decisions on the basis of a 2/3 majority, with the Chairperson having a casting vote. There are no staff or employees. 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 sister of Caroline Winterburn, trustee. Hilary and her husband Rob Mackenzie MBE are known personally to all the Trustees.
Other

Reference and Administrative details

Charity name	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

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Names of the charity trustees who manage the charity

1 2 3 4 5	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	John Marshall	Chair
	Sarah Marshall	Secretary
	Caroline Winterburn	Trustee
	Luigi Marucchi	Trustee
	Callum Whitehall	Treasurer

– 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

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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

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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 28 January 2025

28 January 2025

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New Growth Ministries Trust, Charity No. 1022962

Income and Expenditure Accounts for the period April 1st 2023 - March 31st 2024

Notes 1 2 1 1	Restricted Open H&R Pension Ministry Income Donations £51,770.57 Gift Aid Tax Refund 2022-23 donations £3,140.58 H&R Pension interest £96.33	Restricted Open	Restricted Open	Total	2022-23
		H&R Pension	Ministry
				£51,770.57 £3,140.58 £96.33	£60,823.36 £0.00
					£19.18
	Total income £96.33 £54,911.15 Expenditure Transfers for overseas beneficiaries £44,585.40 Robpension withdrawal £1,000.00			£55,007.48	£60,842.54
	Total Expenditure £1,000.00 £44,585.40 Surplus (Deficit) for the year -£903.67 £10,325.75 Balance b/f from 2022 - 2023 £9,319.18 £19,652.95			£45,585.40 £9,422.08 £28,972.13	£46,600.27 £14,242.27 £14,729.86
	Total Funds at 31st March 2024 £8,415.51 £29,978.70 Represented by: Lloyds Charity Cash Account Lloyds Savings Account (H&R Pension)			£38,394.21 £29,978.70 £8,415.51	£28,972.13
					£19,652.95
					£9,319.18

Notes

1 H&R - Hilary and Rob Mackenzie pension fund

2 Gift Aid Claim is detailed on a separate tab

NGMT Financial Report 2023-2024

This financial year £55,007 was raised for NGM work. Average income was ~£4584 pcm, current expenditure ~£3,800 pcm. Total expenditure was £45,585 resulting in an annual surplus of £9,422 for the year. Combined with existing funds carried over from 2022-23 the NGMT account at the end of the year amounted to £38,394.

Regular expenditure this year has been broadly comparable to last year, although still increased from the years before that. This is due to the continued turbulent economic conditions in Zimbabwe. Giving (income) this year has been comparable to previous years, though a significantly quantity was received from one Church organisation (James Hannington Memorial Trust) as a result of various fundraisers. Were it not for these fundraisers the work of the ministry would have been more limited in the past year and the ministry would have operated at a deficit of approximately £5,000 for the year.

Financial transfers to support NGM in Zimbabwe are made on receipt of monthly requests from NGM – these have been improved to incorporate itemised lists of how the funds are planned to be spent in Zimbabwe. The transfers have continued to be made without difficulty, using the intermediary of two Zimbabwe businesses who have UK bank accounts. They transfer the funds in US dollars which can be converted to Zimbabwean dollars at the appropriate time to mitigate the effect of the highly variable exchange rate.

Twenty-nine of this year’s donors are registered for Gift Aid, an increase on the previous year. Gift Aid this year was claimed on donations received during the 2022-23 period as these were not previously claimed due to a handover in the role of treasurer.

The pension pot for Rob and Hilary Mackenzie previously held in the current account was transferred into a separate deposit account in the previous reporting period, to ensure a full separation between funds available for Rob and Hilary and funds available for the Ministry. From this £1,000 was withdrawn by Rob during the year.

The overall trend in regular giving over the past few years has been encouragingly upwards, however it remains that the continuing functioning of the Ministry is enabled by the occasional on-off gift and not on regular sustained monthly income. There is a clear need to expand the number of regular donors in order to give the continuation of the Ministry a solid foundation.

Callum Whitehall, Treasurer

CHARITY COMMISSION | FOR ENGLAND ANO WALES Independent examiner's report on the accounts Report to the trusleesl member5 of New Grtr•Ah Mnislne5 Trust On accounts lor the year ended 31 March 2024 Charity no11022962 Irf any Set out on pages I report lo the trustees on my examination of Ihe accounts of the above chafrty (-Ihe Trusi-) Ihe year erKl&J 31103 12024. Responsibilities and As the thafty trustees ol the Trust. you are responst)le for the preparation basls ol feport of Ihe acc¢)unts in wth ￿ requIren￿ts of the Chantses Act 20111.the Aci-). I report in resFd of my exarninatson of me Trust's accounts camed out under secbon 145 01 the 2011 Act and in carrying oul rny examination, I have followed Ihe applicab￿ Difecbons gNen by the Charty Commission undef sectK)n 145(5){b) of the Acl. I have completed my examinabon. I confimi that no material matters have come to my atteniion (Other Ihan Ihat dsclosed belcm ") In connedion with the exarnination whKh gives nE cause to believe thal in. any material Independent examiner's statement accountsNJ records we not kept in accordance wrth sectjon 130 of the Ad or the accounts do not accord wth Ihe acc￿ntsng records I have no cOn￿mS WKI have c(Mr auoss no other matters in connection wrth the examina11￿ io which attention shoukj be dra¥vn In older lo enable a proper undefstanding of Ihe accounts to t￿ reached lete the b•ords ￿ the brackeis I Ihey do not apply. Slgned: Date: Nam•: Rogef 8ellamy Relcvant prolesslonal qualilicationlsl of body lil any): C4A@ 71 IF- c Address: 1 Beech Wood, Smal Dole, Wesi Sussex BN5 9YS IER October 2018

S•ctk*n Dhclosurn Onty corT¥4ele If the examiw needs lo hwjhlohl matter$ ol concern (see CC32. IndeFerthnl ex¥nffiatN)n ol thaiily accowls diiectsors arKJ guklance loi exaMire￿} Give here ts[￿1 delalls ol any Items that the examiner wohes lo disclos• IER Octob•r 2018