Chllty Registration No: 1035087 Company Registration No., 02904939 (England and Wales) IRIS GLOBAL UK LIMITED ANNUAL REPORT AND UNAUDITED FtNANCIAL STATEMENTS FOR THB YEAR ENDED 31ST MARCH 2024
IRIS GLOBAL UK LIMITED FINANCIAL STATBMENTS FOR THE YEAR BNDED 3 1ST TrvIARCH 2024 LEGAL AND ADMINISTRATIVE INFORMATION Trustees and Dirortors.. Mr R Kilpatrick Rev A W Kilpatrick Mrs J E Kilpatrick Mr A B Fanstone F Hydo-Thompson C E Brennan Charity Number.. 1035087 Company Number,, 02904939 Registered Office.. 81 Thisde Green Swavesey Cambridge Cambridgeshire Englal CB24 4SA Independent Examiner.. lan W Shipley FCCA For and on behalf of: entis & Co LLP Chartered Accountants and Independent ExamineTS 115c Milton Road Cambridge CB4 IXE Bankers., National Westminstw BaDk PIG Tonbridge Brdnch Waterside Court Chatham Maritime Chathem Kent ME4 4RT
IRtS GLOBAL UK LIMtTED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2024 CONTENTS.. PAGE: Trusteos, Rort Independent Examiners Report Statement of Financial Activities Balance Sheet Not¢s to the Financial Statements 7-14
IRIS GLOBAL UIC LIMITED PAGB I FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2024 TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) The Trustees and Directors present their report and a¢cot]nts for the year ended 3 1st March 2024. The accounts have been prepared in accordance with the accounting policies set out in note I to the aG¢ounts and comply with the charity's Memorandum and Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by CILvities: Statement of Reconllnended Practice applicable to charities preparing their accounts in accordance with the EInanCIal Reporting Standard applicable in the and Republic of Ireland (FRS 102), (issued October 2019 and effective from 1st January 2019). Objectives and activities The objectives of the charity are.. the advanceinent of the Christian religion. the relief of poverty in particular by the provision of an advice service and host¢l accommod&tion for the homeles8 and the preservation and prol¢ction of health in particular the provision of a counselling alld rehabilitation service foT person8 addicted to alcohol and drugs. The charity exists to raise funds for Iris Global. Tbe aims and objectives of tris Global are shared by Iris Global UK Limited but the charity is iThdependent]y admillistered and Iris Global does not have voting rights on the board of Iris Global UK Limited. The Trustees and Directors have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. The charity is a snthll charity and operated on a voluntary basis apart from an admiiiistrator who is paid on a consultancy basis and two consultants advising on charity development and missionary support. Public benefit The charity does not distinguish between the people it serves and charges no cosls for its services. Achievcrnent5 and pcrformance Total income including donations, gift aid and merchandise sales were £275,591 (2023.. £314,243). The charity donated £236,155 (2023.. £289,161) to the Iris Global activities worldwide, principally to Mozallibique where Heidi and Rolland Baker lead the ministry's work, Iris Global UK lias also beeii involvcd in buying solar powered audio Bibles for thc work of Iris Global in differ¢nt parts of the world, wh¢re there is illiteracy. Thesc audio Bibles enable people lo liear the words of God read to them in their own languagc. This year we have been able to send solar Bibles to Nepal, Au5tralÈa, South Africa, Bolivia, Icenya, Catnbodia and U11n8. In order to Iceep donors informed about the PTogrcss of the ¢harRty, and to raise its profile, a wcbsite, an Instagran] pagc, and a fiacebook page is n]aintained. Office running cosls amounted to £17,286 (2023: £25,631). The unrestricted nd balance has decreased slightly during the year. The balance at 31 st Mai'Gh 2024 is £67,262 (2023.. £92,079). This enables the charity to have suffici¢nt rcsource5 to meet next year's commitments. I'he'frllstees remain grateful for tbe level of support sliown to Iris Global UK Limited and pleased to note that the profile of the charity continues to rise across the county, Charity developmellt The Trustees are pleased with tliis year's results and ihe charity's financial position al the end of the year, which is shown Ill the &ttached fjnancial statements, Tho proflle of Iris Global has been raised through coveTage on God TV, Premier R£ldio alld YouTube clips produced by ITIS Global Media (Iris Global). As well as being connected with Iris Global UK &s I rustee8, Alan and Jan KilpatTiclc's role in the fajnily Care 'l'earn continues to grow and develop. Tliis is a teatn that cares for Inissionaries in the organisation worldwide for JJIS Global. Alan and Jan have Iwl increased support fTom Iris Global UK to gaiii specific qualifications, as Jan is now a traingd coiinsellor and Alan has coinpleted a Masters degree in order to teach at the new Iris Global Universiiy in Pemb4 Mozarnbique.
IIUS GLOBAL UK LIMITED PAGE 2 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 TRUSTEES REPORT ..../CONTftriuED Finanelal revlew The chlty has kept suffi¢imt funds for the next fJnancial year, to net the needs of the charity and its Statutory obligations. Reserves polley It is the policy of the charity that unrestricted fund5 which have not been desiated for specific use should be maintained at a level equivalent to between three and six month's eAponditure, The Trustee5 consAder that the reserves at this l¢vel will ensure tha( in the event 4)f a significant drop in fimding, they will be able to continue the charity's current activities while considcration is given to ways in which additional funds may be raised. This lev¢1 of reserves has been maintained throughout Éhe year. At 3 1st March 2024 the charity's level of unrestricted reserves were £67,262 (2023.. £92,079). This is considered sufficient in accordance with the Gharity's reserve policy. P]ans for future periods The ch&rity continues to raise funds and to promote the work of Iris Global worldwide tbrough its continuing work with the existing donors and to fd llew individual and institutional givers. Structure? governance and maDagement The Gornpany was established on 4th March 1994 and restered as a charity on 16th March 1994. The company is a private con]pany limited by guardlltee and has no share capital. The chariV5 govoming document is its MemoTalldL] and ArtiG1¢8 of Association. The Gharity was previously known as Tris Ministries Limited, changing its name to Iris Global UK Limited onlst October 2016. The Trustees, who are also the directo for the putposc of company law, and who Served dwing the year were: Mrs A B Kllpatrick (resigned 10th January 2024) Mr R Kilpatrick Mrs J Oldland (resigned 10th January 2024) Rev R E Oldland (resigned 10th January 2024) Mr M Baines (s1glled 10th January 2024) Mrs S A Baines (resigned 10th January 2024) Rev A W Kilpatrick Mrs J E KilpatriGk Mr A B Fanstone (appointed 10th January 2024) F Hyde-Thompson (appointed 11)th January 2024) C E Brennan (appointed 10th January 2024) Method of recrullmenl and appointment ofTrustees Trustees are appointed by the current Trustees on the basis of a majority decision. New Twstees are aware and agree with the charity's objectives, eth05 and faith statem¢nt and tbe role of Trustees are explained to them. Risk man4gemeDI Trustees have identified tbe nvajor risks to which the charlty is exposed. Those risks have been review¢d and systems established to mitigate those risks.
IIUS CNLOBAL UK LIMtTED PAGE 3 FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 ST MARCH 2024 TRUSTEES REPORT ..../coNfiNUED STATEMENT OF TRUSTEES? RESPONSJBILITIES The TnL8tees (who are also directOTS of Iris Global UK Limited for the purpose of company law) are responsible foT PTeparing the Trw%t¢¢s' Report and the fmancial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generalty Accepted Accounting Practic¢). Company and clRTity law requires th¢ Trustees to prepare finan¢ial statements for each financial year which give a true and faiT view of the state of affaiis of the charitable company and of the incoming resources and app]i¢ations of resources, including the income and expenditure, of the charitabl¢ Gompany for that period. In PrePillg these financial 5tat¢ments, the Trustees are required to: • select suitabl¢ accounting poli¢ies and then appty them consistently. observe the methods and principles in the Charities SORP. judgements and estinteS tbat are reasonable and prudent. state whether applicable UK accounting standards have been followed, subject to any mafyrial departures disclosed alld explained in the fllwicial statements. prepare the fmancial statements on the going conrern basis unless it is inappropriate to presume that the charitable cornpany will Gontinue ill operation. The Trustees are responsible for keeping adequats accounting records that disclose with reasonable accuLECy at any time the financial position of the charitable company and enable them to ensure that the financial statements omply with the Comparties Act 2006. They are also responsible for safeguaNling the ass¢ts of the charitable compauy and hence foT taking reasonable stQP8 for the prevention and detection of fraud and other ]egUlar1tie8. The TTUStees are responsible for the maintenance and integrity of the charitable COD]pany and rcIal inforn]atson included on the charity's website. Legislation in the UK governing the preparation and dissemination of fmanGial statejnents diffeT from legislation in other jurisdiction5. This repo¢ whi¢h has been Prepared in accordance with the special provision8 relating to conwaniey subject to the small companies regime within Part 15 of the Companies Act 2006. It was approved by the board on alld signed on its bohalf. MR R KILPATRICK TRUSTEE Dated .
IRIS GLOBAL UK LIMITED PAGE 4 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2024 INDEPENDENT EXAMtNERS' REPORT TO THE TRUSTEES OF IRIS CJLOBAL UK LIMITED I report to the Gharity Trnstees on my examination of the accounts of the Gharitabl¢ comp8ny for the year ended 31 st March 2024 which are set out on pages 5 to 14, RESPOIYSIBILITIES AND BASIS OF REPORT As the rharity's Trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 Ohe 2006 Act). Having been satisfied that the accounts of the cornpany are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examinatio I report in respect of my examination of your cliarity's accounts as carried out under section 145 of the ChoJities Act 2011 (Ihe 2011 Act,), In carrying out my examination I have followed the Directions given by the Charity Cornmission under section 145{5)(b) of the 2011 Act. INDEPENDENT EXAMINERSI STATEMENT Since the companls gros5 income exceeded £250,000 your examiner must bo a member of a body listed in section 145 of the 201 l ACL I confm that l am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I conf that no matters have come to my attention in connection with the examination giving me cau to believe: {1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act. {2) the accoullts do not accord with thosc accounting records. (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirernent that the accounts give a 'true and fair, view which is not a matter ¢on5ider¢d as part of an independent exarnination. OT (4) the accounts have not been prepared in accordance with the methods and principles of the Statem¢nt of Recomn)ended Prac1ice for accounting alld reporting by charities [applicable to charities preparing their accounts in accorde with the Financial Reporting Standard applicable in the UK and Republi of Ireland (FRS 102)]. I have no conccms and have corne across no otber nterS in comiection with the examination to wbich attentioll should be drawll in this report in order to enable a PToper ulldcrstanding of the accounts to be reached, IAN W SHIPLEY FCCA FOR AND ON BEHALF OF., PRENTIS & CO LLP CHARTERED ACCOUNTANTS & INDEPENDENT EXAMINERS 115c Milton Road Cambridge CB4 IX 2E L)14- .
QU)V rn
IRIS GLOBAL UK LIMITED PAGE 6 FINANCIAL STATEMENTS FOR THE YEAR ENDBD 31 ST fvlARCH 2024 BALANCE SHEET 2024 2023 Notes FIXED ASSETS Tangible fixed assets 1,615 835 CURRENf ASSETS Stocks Debtors Cash at bat]k and ill hand 10 li 11,705 256 57,867 12,684 1,838 81,341 TOTAL CURRENT ASSEYS 69,828 95,863 CREDITORS: amounts falling due within one year 12 (4,181) (4,619) CURRENT ASSETS 65,647 91,244 92,079 TOTAL ASSITS LESS CURRENT LIABILITIES 67262 IrqcoME Puls Unrestrict¢d fijnds Restricted funds 67,262 92,079 14 67,262 92,079 The Trustees consider that the charitable COTnpany is entitlcd to exemption from th¢ requirement to bave an audit under the provisions of Section 477(1) of the Companies Act 2006. Members have not required the company under Section 476 of the Companies Act 2006, to obtain an audit for the yeaT ended 31 st March 2024, Tho Tntstees acknowledge their responsibilities for ensuring that the charitable company kecps accounting records which comply with Section 386 and 387 of the Compallies Act 2006, and for preparing financial statements which give a tTue and fair view of the State of affairs of the charitable company as at 3 1st March 2024 and of its deficit for the year then ended in accoTdance with the requirements of Section 396 and which otherwise comply with the requirements of the Companies Art 2006 relating to the fmancial statements as far as applicable to the charitdble Company. This report, which has been prepared in accordance with the special prnvisions relating to companies subject to the small companies egime within Part 15 of the Companies Act 2006. It was approved by the Tru8tses and.Directors on .and signed on its behalf. MR R KILPATIUCK TRUSTEE Company Registration No. 029014939
IRIS GLOBAL UK LIMITED PAGE 7 FINANCIAL STATEM8Nfs FOR THE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THB FANCIAL STATEMENTS ACCOUNTING POLICIES Charlty information Iris Glob&l UK Limited is a private ¢on]pany limited by guarantee incorporated in England and Wales. The Registered Office is at 81 Thistle Green, Swav¢s¢y> Cambridge, Cambridgeshire, CB24 4SA, England. 1.1 Aeeounting Conventlon The aOuntS have been prepared in accordance with the charity's Memordndum and Articles of Association, the Companies Act 2006 and 'Accouuting and Reporting by ChaTities.' Statement of Recommended Practice applicable to charities preparing their accounts in 8¢cordance with tho Finan¢ial Reporting Standard applicable in tho UK and Republi¢ of Ireland (FRS 102), (issued October 2019 and effe¢tiv¢ 1st Jalluary 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin I not to prepar¢ a Ststgment of Cash Flows. The accoutLts have been Prepared under the historic rost ¢onvention, modified to include the Tevaluation of freehold properties and to include inve5knent properties und certain fiTh8ncial instruments at fair value. The prinGipal accounting poli¢i¢s adopted are set out below. 1.2 Going concern At the time of approving the accounts, the Trustees and DireGtors have a reasonable expectation that th charity has adequate resouwes to Gontinuc in operational existence for the foreseeable future. Thu5 the Trustees and Directo continue to adopt the going concern basis of accounting in preparing the accounts. 1.3 Charitable funds UnrestriGtgd funds are available for use at the disrfion of the Trustees and Directors in furtheT8llre of their charitable objectives unless the funds have been designated for other purposes. Designated fimds comprise fiJnd8 which have been set aside at the discretion of the Tru5te¢s and Directors for specific purposes. The purpos¢s and uses of the designated funds are set out in the notrs to the accounts. RestriGted funds comprise funds where specific restrictions in how the fidS are use(1 have been imposed by the donor. 1.4 Income Incojne is recognised when the charity is legally entitled to it after any pgrfi)rniance Conditions have been met, the amounts caTA b¢ m¢asured reliably, and it is probable that income will be received. Cash donations are rewgnis¢d on receipt. Other donations are recognised once the charity has been notified of the donation, unless perfonnance conditions require deferral of the amount. ]ncome tax recoverable in relation to donations received under Gift Aid deeds of covenant is recognised at the time of the donation. Legacies are Tecognised on receipt or otherwise if the charity has been notified of an impending distribution, the aOUnt is kllom, and receipt is expected, If the amount is not known, the legacy is treated as a contingent assot.
IRIS GLOBAL UK LIMITED PAGE 8 FfNANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THE FIE+lANCIAL STATEMENTS Turnovor is measured at the fair value of the considerntion received or rec¢ivablc and represent5 amounts receivable r goods alld serviGos provided in the nonnal Gourse of business, net of discounts, VAT and other sales related taxes. 1.5 Expendlture All expenditure is accounted for on an a¢wu8ls basis and has been classified under heading that egate all G08ts related to the category. Expenditure is recognised where there is a Icgal or constructive obligation to make paym¢nts to third parties, it IS PTobabl¢ that the settlement will be required and th¢ atnount of the obligation Can be measured reliably. PayJnent5 to ]ris Global are made at the discretion of the Trustees as and when funds bccome available. Costs are recognised on an accruals basis and include all non-recoverable VAT within the relevallt cost. Resources are classified on a funrtional basis. Cost of charAtabl¢ activities are those resources spent on direct work of Iris Global. Governance costs are those reSOUTces spent on meeting the Statory obligation of the charity. 1.6 Tanglble fixed assets Tangibl¢ fixed assets are initially measured at cost and SubSequtIY measuTed at Gost or Valuatio net of depreciation and any impairment losse8. Assets are capitalised where the econornic life of the asset is greater than one year and the cost is greater than £250. Tangible fixed assets are stated at cost less depreciation. Depreciatioll is provided at rate5 calculated to write off the cost le85 estimated residual value of each assot over its expectsd useful life, as follows: Office equipment - 20% straight line The gain or loss aTising on the disposal of an asset is dot¢rniined as the difference between the sale proR¢ds and the carrying valuo of the asset, and is recognised in net incomel(expenditure) for the year. 1.7 Impairment of Ilxed assets At each reporting end date, the ch8rity reviews the carrying amounts of its tangible assets to detertnine whetber th¢re is any indication that those assets have suffered an impairment Ioss, If any such indicatt'on exists, the r0Verable amount of the asset is ¢stimated in order to detennine the extent of the impairnient Ioss (if any). Intangible assets witb indefmite useful lives and intangible assets not yet available for use are tested for irnpaimient annually, and whenever there is an indication that the assets may be impaired. 1.8 Stocks Stocks aTQ Stated at the lower of cost and estimated selling price l¢ss cogts to complete sell. Cost comprises direct materials and, where applicablg, direct labour costs and those overheads that have been incurred in bringing the stocks to their pres¢nt location and condition. Items held for distribution at no or nominal consideration are measured at the lower of replacement cost and Gost. Net realisable value is the estimated selling price less all estimated costs of Qompletion and cost8 to be illcurred in mark¢ting> selling and distribution,
IRIS GLOBAL UK LIMITED PAGE 9 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, dep'osits held at call with banks, other short-tem) liquid investments with original maturities of thTee months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Financial instrujnents The charity has elected to apply the provisions of seotion I I 'Basic Financial Instrument5, and section 12 Other Financial InstnnD¢nts Issues, of FRS 102 to all of its f1&1 instruments. Financial instruments are r¢colS¢d in the charity's balance sheet when the charity bocomes party to the contractual provisions of the instnllnenL Financial assets and liabilities are offset, with the net amounts presentsd in the financial statements, when therg is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability siroultaneously. askfvanclal assets Basic fmancial assets, which include debtors and Gash and bank balances, are initially measured at trall5action price including transaction costs and are subsequendy ¢TI¢d out at amortised cost using the effertive interest method unless the arrangement constitutss a fmancing transaction, where the transaction is rneasured at the present value of the fllture rgceipts discounted at a market rate of inter¢st. Financial assets ¢l&ssified as receivable within one year are not amortAsed. Baslcjlnanclal Ilablllli49 Basic fjnancial liabilities, including creditors and baDk loans are initially recognised at transaction price unless the aTTangement Gon5titutes a financing transaction, where the debt instrumont is moasured at the present value of the future payrnents discounted at a Dmket rate of intsrest. Financial liabilities classified as payable within one year are not amortised. Debt instrluncnts are subsequently carried at amortised cosl using th¢ effective interest rdts mothod. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payablo are classified as current liabilities if payment is due within one year or less. Jf noL they are presented as non-current liabilities, Trdde cjrditors are recognised initially at transaction price alld Subsequently measured at amortAsed cost using thc ¢ff¢ctivc interest methoLt Derecugnilion offlnancl41 lthbllllles Financial liabilities are derecognisod when the charitys contracts1 obligations expire or are discharged or cancolled. 1.11 Foreign exchange Trans&ctions made in foreign currency are shown at the actual cost to the charity Im the dato the ui transaction took place. No funds in foreign currency are held by the Chty.
IRIS GLOBAL UK LIMITED PAGE 10 FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS CONT.............. CRITICAL ACCOUNTING ESTIMATES AND JUDGEMENTS In the application of the clwity's accounting policics, the Trustsos and Directors are required to mako judgements, estimates and assumptions about the Carrying amount of assets and liabilities that are not readily appaTent from other sources. The ¢stillt¢S and associated aSsUptIonS are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estiniatss. The estinteS and underlying assumptions are reviowed on an ongoing basis. Revisions to accounting estimates are recogni8 in the period in which the estimate is revised where the r¢vision afforts only that period, or in the period of the revision and future periods where the revision affects both current and futtlre periods. DONATIONS AM) LEGACIES CURRENT YEAR 2024 2024 Ujjrestricted Restricted 2024 Tot Gifts alld private donations Church and Institution donations 221,727 52,081 273,808 221,727 52,081 273,808 3b. DONATIONS AIYD LEGACIES PRIOR YEAR 2023 2023 Unrestricted Restricted 2023 Gith and private donations Church and institutional donations 235,513 61,388 296,901 235,513 61,388 296,901 CHARfTABLE ACTIVITIES CURRENT YEAR 2024 2024 Unrestricted Restricted 2024 Tot&1 Sales of books, videos and DVDS 1,234 1,234 4b. CHARITABLE ACTIVITIES PRIOR YEAR 2023 2023 Unrestrictcd Restrictea 2023 Total Sales of books, videos and DVDS Conference ticket sales 4,201 13,097 17,298 4,201 13.097 17,298 INVESTMENTS CURRENT YEAR 2024 2024 Unrestri¢tod Restricted 2024 Total Int¢st receivable 549 549 5b. INVESTMENTS PRIOR YEAR 2023 2023 Unrestrioted Restricted 2023 Total Interest receivable 44 44
IRIS GLOBAL UK LIMITED PAGEII F]NANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 2024 2024 Unrestricted Restricted 2024 Total 68. CHARfIABLE ACTIVEIIES CURRENT YEAR Administrativ¢ s6rvices Depreciation Conference costs Iris Global- California Iris Global - Brazil Iris Global- South Africa Iiis Global - Malawi Iris Global- Krakow Iris Global- Pemba (Mozambique) Iris Global- Zimpeto {MoL4znbique) Iris Global - Lichinga (Mozambiqu¢) Iris Global - Nacala (Mozambique) Iris Global - Cambodia tris Global - Dondo Iris Global - Kenya Iris Global - Canada Iris Global - Solar bibles PNJduGtion of books, videos and DVD'S Office running costs (analysis b¢low) Governance costs 41,418 468 665 9,000 13,500 4,500 14,000 1,000 93,000 22,000 4,500 17,000 20,000 4,500 1,000 3,000 29,155 1,428 17,286 2,988 300,408 41,418 468 665 9,000 13,500 4,500 14,000 1,000 93,000 22,000 4,500 17,000 20,000 4,500 1,000 3,000 29,155 1,428 17,286 2,988 300,408 OFFICE RUNNING COSTS 2024 2024 Unrestricted Restricted 2024 Total Insurance Computer expenses Postage. stationery alld advertising Stornge Bank charges Telephone Sundry expenses Website Travel and subsistence Room rent 2,810 863 1,477 1,999 1,324 1,416 1,051 2,128 3,476 742 2,810 863 1.477 1.999 1,324 1,416 1,051 2,128 3,476 742 17,286 17,286
IRIS GLOBAL UK LIMITED PAGE 12 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS 2023 2023 Unrestricted Restricted 2023 Total 6b. CHARITABLE ACTlVftlES PRIOR YEAR Administrative services Depreciation Conference costs fris Global - C&lifornia Iris Global- Br11 fris Global - MadagaSLar Iris Global - South AfriGa Iris Global - Malawi Iris Global- Krakow Iris Global- Guinea Iris Global - Pemba (Mozambique) Iris Global - Zimpeto (Mozambique) Iris Global - Lichinga (Mozambique) Iris Global - Honorarium - Heidi Bakgr Iris Global - Honorarium - M Steel¢ Iris Global - Honorariurn - A Fayoyin Iris Global - Honorarium- P Manwaring Iris Global - Honorarium - A McKenny Iris Global - HonornTiUm- D&A Iris Global - Solar bibles Produrtion of books, videos and DVD'S Office running costs GovernanGe costs 29,534 219 109 1,794 10,097 1,500 3,000 33,120 5,000 27,645 115,309 28,191 12,095 4,086 350 350 2,000 500 1,000 18,1.24 357 25,631 2,864 322,875 29,534 219 109 1,794 10,097 1,500 3,000 33,120 5,000 27,645 140,309 28,191 12,095 4.086 350 350 2,000 500 1,000 18,124 357 25,631 2,864 25,000 25,000 347,875 OFWICE RUNNING COSTS 2023 2023 Unrestricted Restricted 2023 Total Insurance Computer expenses Postage, stationery and advertising Storage Bank charges Telephone Sundry expenses Website Travel and 8ubsi5tence Room rent 4,374 827 2,128 1,843 1,274 1,714 453 1,882 10,411 725 4,374 827 2,128 1,843 1,274 1,714 453 1,882 10,411 725 25,631 25,631 TRUSTEES AND DIRECTORS One Trustee (2023.. two Trustses) w&s reimbursed for stationery and was reimbursed exp¢ns¢s tota]ling £30 (2023.. £1,212), Two Trustees were paid as consultants during the year under the name of Awakening Life - £35,245 (2023.. £19,182). EMPLOYEIS There were no employees during the current and previous yeaT,
]IUS GLOBAL UK LIMITED PAGE 13 F]NANCIAL STATEMENTS FOR THB YEAR ENDED 31 ST MARCH 2024 NOTES TO THE FINANCIAL STATEMENTS YANGIBLE FIXED ASSETS - CurreDt Year COST At 1st April 2023 Additions Office Equipment 4,201 1,248 5,449 At 3 1st March 2024 DEPRECIATION AND IMPAIRMENT At 1st April 2023 Depreciation charged in the year At 3 1st March 2024 3,366 468 3,834 CARRYING AMOUNT At 3 1st March 2024 1,615 TANGIBLI FtXED ASSETS - Prior Year COST At 1st April 2022 Additions Office Equipment 4,007 194 At 31st March 2023 4,201 DEPRECIATION AND IMPAIRMELYT At 1st April 2022 DepreGiation charged in the year At 31st March 2023 3,147 219 3,366 CARRYING AMOUL¥4T At 31st March 2023 835 io. STOCKS 2024 2023 Finished goods and goods for resale 11,705 12,684 ii. DEBTORS Amounts falling due IvitbiD one year: 2024 2023 Prepa3wnents and accrued income 256 1,838 12. CREDITORS: AMOUNTS FALLING DUK WITHIN ONK YEAR 2024 2023 Other creditors Accruals and deferred Income 231 3,950 819 3,800 4,181 4,619
IRIS GLOBAL UK LIMtTED PAGE 14 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THE FfNANCIAL STATEMENTS 13. RELATID PARTY TRANSACTIONS There w¢ no related paty transactions, other than those disclosed in note 7, Tequiring di5cIosLwe during the curyent or previous year. 14a. RESTIUCTED FUNDS CURRENT YEAR At 1st April 2023 At 31stMar 2024 Income Expenditure Stewardship 14b. RESTRICTED FUNDS PIUOR YEAR At 1st April 2022 At 3 1st March 2023 Incon]e Expenditure Stcwardship 25,000 25,000 25,000 25,000 Steivardshlp The purpose of this fund 1$ to 5UPPOrt a new maternity project being developed in Pemba, Mozarnbique.