## **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|| 2 |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.| 3 |•|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**| 4 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.| |---|---|---| |||| 5 |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.| 6 |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**| ||| 7 ## **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** 8 ## **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** 9 ## **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 10 **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 resF*d 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