Charity Ilegistration No.. 1035087 Company Registration No.. 02904939 (England and Wales) IRLS GLOBAL UIC LIMITED ANNUAL REPORT AND UNAUDITED fINANCIAL STATEMENTS FOR THE YEARENDED 3 1ST MARCH 2025
IRIS GLOBAL UK LIMftED FANCIAL STATEMENfs FOR THE YEAR ENDED 31ST MARCH 2025 LEGAL AND ADMtMSTRATIVE tNFORMATION Trnstees and Directors.. MT R Kilpatrick Rev A W Icilpatrick MT8 J E Kilpatriclc Mr A B Fanstone F Hyde-Thompson C E Brennan ChaLllty Number.. 1035087 Company Number: 02904939 Registered Office: 81 Thi8tle Green Swavesey Cambridge Carnbridgeghire England CB24 4SA Independent Exarnirter.. Ian W Shipley FCCA For and on behalf of: Prelltis & Co LLP Chartered Accountants and Independent Examiners 115G MAlton.Road Cambridge CB4 IXE Bankers: National Westmxnster Bank PIC Tonbridge Branch Waterside Court chath Maritime Chatham Kettt ME4 4RT
IRIS GLOBAL UK LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2025 CONIENTS: PAGE., Trustees, Report Independent Examiners Report Statemcnt of Financial Activities Balance Sheet Notes to the Financial Statements 7-13
IRIS GLOBAL UK LIMITED PAGE I FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST MARCH 2025 TRUSTEES REPORT ONCLUDING DIREC'foRS' RE,PORD The TNstees and Directo present their report and accounts for thc ygar ended 3 1st March 2025. The accounts have been prepared in accordance with the accounting policies set out in note I to thc accounts and comply with the charity's Mernorandu and Articles of Association, the Coinpanies Acl 2006 'Accounliiig and RcporLillg by Charities: Statement of Recommeiided Prartic¢ applicable to charities preparing their accounts in accoTdanc¢ with the Financial Reporting StandaTd applicable in the UK and Republic of Ireland (FRS 102), (issued Octvber 2019 and effective from 1st January 2019). Objectives and activities The objectives of the charity are., the advancemcnt of the Chri8tian religion, the relief of poverty in particular by the provision of an advice service and hostel accommodation FOT the homeless and the presorvalion and protection of health in particular the provision of a counsellillg and rehabilitation service foT persons addicted to alcohol and drugs, The charity exists to rnise funds for Iris Global. The aims and objectives of Iris Global are shared by Iris Global UK Limited but the charity is indepgndently administsred and Iris Global does not have voting rights on tho board of Iris Global UK Limited. The Trustees and Directors have paid due regard to guidance issued by the Charity Commission in deciding whal activities the chariiy should undertalce. he charity is a small charity and operated on a voluntary basis apart from an administrator who is paid on a consull'ancy basis and two consultants advising on charity developnLent and n)issionary support. Public bciiefit The charity does not dist£nguish between the people it serves and Charg no costs for its s¢rvices. Achievements alld performance Total incon]e inLluding donations, gift aid and mcrchandise sales were £347,150 (2024.. £275,591). The charity donated £212,291 (2024- £236,155) to the Tris tilobal activities worldwide, principally to Mozambique where Heidi and Rolland Baller lead the minisitys work. Irls CJlobal UIC has also been involved in buying solar powered audio Bibles for the work of Iris Global in different parts of the world, where thcTe is illiteracy. These audio Bibles enable peopl¢ to hear the words of God read lo ihem in Iheir own language. This year we have been ablc to send solar Bibles to the Philippines and India. In ordor to keep donors infonned abolit the progress of ihe charity, and to raise its profilc, a website, an Instagram P¢ige, and a Facebool< page is maiiitaAned. Office running costs mOUnt¢d to £15,609 (2024- £17,286). The unrestricted fund balance has increased during th¢ year, The balance at 3 Ist March 2025 is £126,328 (2024.. £67,262), This enable5 ihe charity to hav¢ sufficiellt resolkrces lo meet next year's conuni1ments. The Trustees I'einain gralcful for the level of support shown to Iris Global UK Limited alld pleased to note tbat the profile of tbo charity contiiiues to iise ao'oss the COLintry. Charity (Jeveloprnent Tbe Trustees are pleased with tlie i'esults achieved during the year and witb the ch<illty's rm(claI position al the year eiid, as sot out in the attaclied financial statejnents. The profile of Iris Global has continued to be raised through Instdgram, and Jan alld Alan Kilpatrick were inteiviewed on a local ChT15tian Radio Station. The Trustees hope to bring sorneone onboard to further develop the social Media preseiiG#. In Marcli 2025, Ihc chai'ity hosted the Iris Global UK Conferellce, at Godfll"8t Church, ill Chrisl¢hurch, Dors¢¢ in partnership with The Send. This event, attended by over 500 pcoplc, fvrther streiigthened the charity's public profilc and engagcment within the UK.
IRIS GLOBAL UIC LIMITED PAGE 2 FINANCIAL STATEMEKfs FOR TFIE YEAR ENDED 31 ST MARCI.12025 TRUSTEES REPORT . ..ICONTINUED Alan Icilpatrick ha5 been accepted for doctoral studies and is currently seekfjng the necessary fll]ancial Tesources to undertake the programmc. Both Alan arLd Jan Kilpatrick continue to serve as part of the Iris Global Family Care Team, which provides pastoral care and support for missionaries worldwide. 'I'heir responsibilities in this area have expanded during the year, Jan hag compleled training as & counsellor, but is cotnpleting additional training in Cogtiitive Behaviour TbeTapy, The Trustees are pleaged with the overall development of the ¢harKty and remain confident in it dircction and future g'owth. I lllanclal Yeview The charity has kept suifI¢ient funds for the next financial year, to meet the needs of the charity and its statutory obligations. Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for specific use should be maintained at a level equivalent to between tbTee and six month's expenditure. The Trustees consider th&t the reserves at thi5 level will ensure thal, iii th¢ event of a significani drop in funding, they will bc able to continue the charity's current activities wbile consideration is given to ways in whkch additional funds may be raised. This level of reserves has been maintained throughout the year, At 31 st March 2025 Ihe Ch1(1$ l¢vel of unrestricted r¢serves weir £126,328 (2024,. £67,262). This As consideTed sufficient in accordance with the charitls reserve policy. Plans for future periods The charity continues to raise funds and to promote the work of Iris Global worldwide thi-ough its continuing worlc with the existing donors and to find new indivldual and institutional givers. Structure) governance and maiiag¢ment I'he company was established on 4th March 1994 and regislered as a charity on 16th March 1994. 'fhe company is a private coillpany limited by guarantee and has no share capital. I'he Charitys goven)ing document is its Memorandum and Articles of AssociatioTh. The charity was previously known as Iri8 Ministries Limiled, changing its nam¢ to Iris Global Ut£ Limilcd onl st October 2016. ThL Trust'ees, who are also the directors for the purpose of company law, and who served during the year werc.. Mr R Kilpalrick Rev A W Icilpatriclc Mrs J E Kilpatrick Mr A B Fanstone r Hyd¢-Thompson C E Breimall Method recruitment and appointment of 'lru5tees Trustees are appointcd by tlie CUiTent Trustees on thc basis of a inajoriiy decision. New Trustees are aware and agree witli tbe charity's objectives, ethos and faith slalement alld die iY)le of Trustees explallied to thern. Risk management Trustees have identified tho major risks to which the charity is exposed. Those i.isks have been reviewed and sysl¢ins established tD mitigate those risks.
IRIS GLOBAL UK IJMITED PAGE 3 FINANCIAL STATEMENfs FOR YHE YEAR ENDED 31 ST MARCH 2025 TRUSTEES REPORT ..../cOINuED STATEME OF TRUSTEKS, RESPONSIBILftIli S The TNstees (who are also directors of Iris Global UK Limited for the putpose of company law) are Tesponsible for preparing the Trnstees, Report and the fmattcial statements in accordance applicabke law and United Kingdom Accounting Standard8 (United Kitigdom Generally Accepted Acwunting Practice). Company and charity law requires the Trnstees to prepare financial 8tatemenls for each financial year wbich give a tme and fair view of tbe state of affairs of the clwltable ¢omparty and of the incoming resources and applicalions of resources, inGluding the income attd eKpendikn, of the charitable ¢ompany for that period. In prepaiing these financial StatentS, the Trnstees are required to.. select 8Uitable accounting policies and then apply them ¢onsistently' ob8erve the methods and principle8 in the Charities SORP, make judgements and estirnates that reasonable and prudent. st&te whether applicable Utc accounting 8tandar&8 bave been followe(L subject to any material departures disclosed alld explained in the fllwicial statements,, prepare the financial statemcllts on the going concern basis unless it 18 inappropriate to presume that the Charitable conlpany will continue in operation. The TrStee8 are r¢8pottsible for keeping adequate accounting reLords that disclose with Teasonable accuracy at any time the financial position of the Charitable cotnpany and enable thenj to ellsure that the financial statements comply with the Compani¢s ALt 2006. They are also r&8ponsible for gafeguarding the assets of the charitable ompany and hence for taking reasonable stq)s for the prevention and detection of fraud alld other ]egularitieS. The Trnste¢s are responsible for the maintenance and integrlty of the charitable company and fanCial inforrnation included on the charitV5 website. Legislation in the UK governing the preparatii)n alld dissemination of fmancial stat¢ments may differ from legislation in other J'urisdictions. This TeporL whioh has been prepared in accordance witb the Special provisions relating to Gompanies subject to the 3nll Companies regime within Part 15 of e Companies Act 2006. It was approved by the board on and SA£ned on its behalf. MR R KILFATRJCK TRUSTEE Dated . It NovEtVLBEF< 2025
IIUS GLOBAL UK LIMITED
FINANCIAL STATEMENTS IIOR'I'HE YEAR ENDEqI) 3 ISI" MARCH 2025
INDIPENDENT EXAMINF.RS' REPORf "ro IHE TRIJSTEES ()F IRIS GLOBAL UI< LIMITED
I report to the charity Tru5teos on rny examination of tlie accouiits of the chaiitable Lollip]Y for the year ended 31 st March
2025 which are sei out on pages 5 to 13.
RII SPONSIBILITIEI S AND BASIS OF REI)OR'f
As the charity's Trustees of the company (and also its directors for the purposes of company law) you are responsible
foi" the preparation of the accounts in acco1]¢¢ with tho requirements ofthe Companies Act 2006 (Yhe 2006 Act,).
Having bcen satisfied that the accounts of the Compally are not required to be audited u11der P't 16 of the 2006 Act and are
eligible for independent examinalion, I reporl in respect of my examination of youi. chp4ritVs accouiits as carried out under
Section 145 olth¢ Charities Act 2011 ('the 201 l Act,). Ill CGrying out my examination I liave followed tlie Directions given
by the Charity Comrnission under section 145(5)(b) of the 201 l Act.
INDEI PENDENT EXAMINERS, STAI'EMENT.
Sllice the company's gross income ¢xc¢ed¢d £250,000 your eXnIneT must be a member of a body listed ill section 145
of the 201 l Act. I confIrm Ihat I din qualified to uiidertalce the ex1]in&t10n because l (un a member of the Association of
Chartered CerlifIed Accountants, which is one of the kisted bodies,
I have Completed my examinatAon. I confLmi that. no matt¢rs have come to my attention in Lonnection with the examination
giving me cause to believe..
{1) accounting'records were not kept in respect of the coTnpany a8 required by section 386 ofihe 2006 Act"
(2) the ¥iccounts do not accord with those accounting records.
(3) the accounts do not cornply with the accounting re(ILiirements of section 396 oFihe 2006 Act other than
any requirement that the dccounl's give a 'true and fair, vi¢w which is not a rnatter considered as pari of
an ind¢p¢lldent exatnination. or
(4) Ihe accounts have Thot becn prepargd in accoi'danc¢ with the rncthods and principles of ttLe Statement
of Recommended PractiLe 'lor accounting and reporting by Charities [appli¢able lo Lh
IRIS GLOBAL UK LIMITED PAGE 5 FINANCIAL STATEMENfs FOR THE YEAR ENDED 3 1ST MARCH 2025 STATEMENf OF FINANCLAL ACTIVITIBS INCLUDING INCOME AND EXPENDTfuRB ACCOUNr Total Unrestricted 2025 Total Unrestricted 2024 NoLe8 INCOME Donations and l¢gacie5 Charitable activities Investn]ents 335,613 10,802 735 273,808 1,234 549 TOTAL INCOME 347,150 275,591 EXPENDITURE Charitable activities 288,084 300,408 NET INCOMEIIEXPENDTTURE) FOR THE YEAR AND NET MOVEMEN[ IN FUNDS 59,066 (24,817) Fund balances at 1st April 67,262 92,079 Fund ba18nces at 31st March 126,328 67,262 The statement of financial activities includes all gains and losses r¢cogni8ed in the year. All fimds are unregtricted. All incon]e and expenditure derive from continuing activittes. The statement of financial activitie8 also complie5 With the requirements for an income and expenditure acoount under the Companies Act 2006,
tRIS GLOBAL UK LIMITED PAGE 6 FINANCIAL STATBMENTS FOR THE YEAR ENDED 31 ST MARCH 2025 BALANCE SHEwr 2025 2024 Note8 FIXED ASSEI TS Tallgible fix¢d assets 2,729 1,615 CURRtI NT ASSKTS Stock8 Debtors Cash at bank and in hand io 6,916 479 122,272 11,705 256 57,867 TOTAL CURRENT ASSETS 129,667 69,828 CREDrroRS: amounts falling due 'within one year NET CURREFIT ASSETS 12 (6,068) (4,181) 123,599 126.328 65,647 TOTAL ASSETS LESS CUIUiENT LIABILITIES 67,262 INCOMEI FUNDS Unrestricted funds 126,328 67,262 The Tte¢S consider that the charitable con]pany is entitled to cxemption from the requirement to have an audit under the provisions of Section 477(1) of the Comp4nies Act 2006. Members have not required the conwany under S¢¢tion 476 of the Companies Act 2006, to obtain an audit for Ihe year ended 3 1st March 2025. Th¢ Trnstees acknowledge their responsibilities for ensuring that the charitable company keeps accounting record8 which conwly with Section 386 and 387 of the Companies Act 2006, and for prq)aring financial 8tatements which give a true and fair view of the state of atTairs of the charitable company as at 3 1st MCh 2025 and of its SLwplus for the year then ended in aGcordance with requirement8 of Section 396 and wbi¢h otherwise comply with the requirements of the Companies Act 2006 relating tt) the financial statements as far as applicable to the charitable company. This report, which has been prepared in accordance with the spccial provisions relating to conu)anies 8ubje¢t to the small companies regIe within Part 15 of the Cotnpanies Act 2006. It was approved by th¢ Trustees al Directors on 17,.. . .afLd signed on it8 behalf. MR R KILPATRICK TIiUSTEE Company Registration No, 029014939
IRIS GLOBAL UK LIMITED PAGE 7 FINANCIAL STATEMEFrrs FOR THE YEAR ENDED 3 1ST MARCH 2025 NOTES TO THE FINANCIAL STATEMEKrs ACCOUNTING POLICIES Charity inform8tion Iris Global UK LArllited 18 a private compally limited by guarantee incorporated in England and Wales. The Registered Office is at 81 Thistle Green, Swaveseyg Cambridge, Cattthiidge8hire, CB24 4SA. England. 1.1 Aecountlng convention The CoUnts have been prepared in accordance with the charity's menrandUm and Articles of Associatio the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended Pra¢ti¢e appliGabl¢ to charitie8 preparing their accounts in accordanoe with the Financial R¢porting Standard appli¢abl¢ in the UK and Republic of Ireland (FRS 102), (issued October 2019 and effective I st January 2019). The Charity is a Publi¢ Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charitio8 applying fRS 102 Update Bulletin I not to prepare a Statement of Cash Flows. The accounts have been prepared under the bi8torical cost conventiofy thodifAed to include the revaluation of freebold properties and to include inve51ment properties and certain financial in8trurnents at fair v8lue. The principal accounting policies adopted are set out below. 1.2 Going coneern At the time of approving the accounts, the Trustees and Directors have a rea80nable expe¢tatioll that the charity has adequats resour¢e8 to continue IJ operational existence for the foreseeable tllre. Thus the Trnstees and Directors continue to adopt the going concern basi5 of accoullting in preparing the a¢¢ount8, 1.3 Charltable fllnd5 Unrestricted funds are available for use at the discretion of Ébe Truytees and Directors itt fiterallCe of their charitable objectives unless the fun(Ls have been designated for other pUOse5. Designatsd fLmds cotnprise funds which have been set aside at the discretion of the Trustees and Directors for specific pury)ose8. The purpo8¢8 and uses of th¢ d¢signated fimds are set out in the notes to the accounts. Restricted fimds conwrise thnds where specifie restrictions in how the funds are used have been imposed by tb¢ donor, 1.4 Income Income is recognised when the Glwity 18 legally entitled to it after any performance cortditions have been el the amounts catt be Alleasured reliably> and it is probable that income will be received. Cash donation8 are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless perfornlance conditions require deferral orthe atnount. In¢otne t re¢overabl¢ in relation to donations received under Gift Aid or deeds of covenant is recognised at th¢ time of the donation. Legacies are recoEnised on reoeipt or otherwisc if the charity has been notifled of all impending distribution, the amount is known, and receipt is expected. If the amount is not l(rtowr4 the legacy 18 treated as a contingent asset.
IRIS GLOBAL UK LIMITED PAGE 8 FfNANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 202 NOTBS TO THE FINANCIAL STATEMENTS Turnov¢r is measured at the fair value of tbe Consideration received or receivable and represents amounts receivable for goods and service8 provided in the nonnal course of bu8iness, net of discoullts, VAT and other sales rel&tea taxes. 1.5 Expenditure All expenditLWe is a¢¢ounted for on an accruals basis and has been classified under heading that aggregate all oosts related to the c&¢egory. Expenditure is recognised where there is a legal or ¢on8tructive obligation to make payrllents to tbird parties, it is probable that the settlem¢nt will be required and the amount of the obligation can be measured reliably, Payxnents to Iris Global are made at tbe discretion of the Trustees as and Mthen ftulds become available. Costs are r¢cognised on an accnuls basis and include all non-recoverable VAT within the relevant cost, Resources are ¢lassified on a functiotMI basis. Cost of charitable activities are those resources 8pent on direct work of Iris Global. Governance costs are th08e resources Spent on meeting the ststutory obligation of the charity. 1.6 Tangible fixed assets Tangible fed assets are initially measured at cost and subsequently nw8ured at cost or valuation, net of depreoiation and any impairment losses. A8set8 are ¢8pitali£gd M4Lere the economic 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, Depreciation is proNrydod at rates calculated to wlite off the ¢ost less estimated residual value of each asset over its expected useful life, as follow8: Office equipment - 20 /0 Straight line The gain or Ios8 arising on the disposal of an asset is deterniilled as the difference between the sale proce¢d8 and the carrying value of the asset, and 18 recognised in net incomel(expendithr¢) for the year. 1.7 Impalrmellt of red assets At each reporting end date, the charity reVI¢M the GarryAng amounts of its tangible assets to detertnille wh¢ther there is ally indication that tbose assets have suffered an inwainnent loss, If any such indication exists, the recoverable amount of the asset 18 estimated ill ord¢r to detennine the extent of the impainnettt loss (if any). Intangible assets with indefinite useful lives and intangible assets not yet available for use are teyted for impairment at)nually, alld whenever theTe 16 an indication that th¢ assets Jnay be impaired. 1.8 Stocks Stocks are stated at the Eower of cost and estimated selling price less costs to complete and sell. Cost Comprises direct tnaterials and, where applicable, direct labow costs and those ovwheads that have been incUed in bringing the stoclts to their pres¢nt location and condition. Items held for distribution at no or nominal consideration are measured at the lower of replacement C08t and Gost. Net realisable value is the estimated selling prKce le$ all estited costs of completion &ud Gosts to be incurred in marketillg, selling and distribution.
IRIS QLOBAL UK LIMtTED PAGE 9 FINANCIAL sTATEMEs FOR TEE YEAR ENDED 3 1ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENrs 1.9 Cash and cash equlvalents Cash and cash equivalents inoludo cash itt hand, deposlts held at Call with bat]ks, other short-tem liquid inv¢stments with original maiurities of three months or less, and bank ovgrdrafts, BaDlc ov¢rdraft8 are thown within borrowings ia ouryent liabilities. 1.10 FinAn¢i81 in8trllments The charity has elected to apply the provisions of section I l Basic Financial Instrun]ents' and 8e¢tion 12 Other Finan¢ial InstrLunents Issues, of FRS 102 to all of its fuA¢la1 instnllnents. Financial instnLm¢nts are recognised in the charItS balance 8heet when the charity becomes party to the contractual provisions of the instmtnent. Fillan¢ial assets and liabilities are offset, with the net atnounts presented in the financial statements, when tbere is a legally enforceable right to Set off the recogni8ed atnoullts and tbere is an irttentioll to settle on a net basis or to realise the asset artd settle the liability sin]ultaneously. asicfmancial assets Ba8ic finanGial assets, which include debtors and casb and bank balaoces, are initially measured at transaction Price including transaction costs and are subsequently carried out at amorttsed ¢08t using the elyective interest method unless the arrangement constitutes a fmancing traosaction, where the transaction 18 measured at the present value of the tre reGeipts discounted at a market rats of interest. FinancAal assets classified as receivable within one y¢ar are not atlloitised. BasEcfinancial liabili¢i¢s Basic financial liabilities, including creditors and bank loans are initially recognised at trangaction price esS tbe arrangement constitutes a financing transact'ion, where the debt instrument 18 measured at the present value of the fiLture payments discounted at a nlarket rate of interest. Financial liabilities classifked as payable within one year are not amortised. Debt in8trutnents are subsequently carried at arnortised cosL usinE th¢ eff¢ctive interest rate method, Trade Creditors are obligations to pay for goods or services that have been qUired in the ordinary course of operations from suppliers. Amounts payable are ¢la88ified as Guffent liabilities rf payment is due within one year or less. Ifnot, they are pr&sented as non-current liabilities. Te CTeditOTS are recognised initially at tTansa¢tion prioe and subsequently measured at amortL8ed cost using the effective interest method. DereeogniÉion offinancial liubllities Financial liabilities are dBrecognised M4]en the charity's contractual obgatIonS expire or are discharged or cancelled. 1.11 Foreign exchange Transactions made in forei£n cUenCY are shomryl at the actual ¢08t to the charity on the date the tr8n8aGtion took place. No funds in foreign ¢urrency are held by the charity.
IRIS GLOBAL UK LIMITED PAGE 10 FINANCIAL STATEMENTS FOR THE YEAR ENDED 3 1ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENTS CONT,..,,..,..,,,, CRITICAL ACCOUNTING ESTIIIIATES AND JUDGEMENTS In the application of the ¢haritg8 accounting policies, the Tru8t¢es and Directors are required to nke judgements, estimates and assuttwtions about the caming amount of assets and liabilities that are not readily apparent fronl other 80urces. The ¢8timates alld associated assumptions are based on historical experience and other factors that are Consider to be relevant. A¢tu&l results rnay differ from these estimates. The estimates and und¢rlying assumptions are reviewed on aft ongoillg basis. Revigiolls to accounting ¢8tiJllate8 are recognised in the period in which the estimate is revised llthere the revisxon affects only that period, or in the period of the revision and future period8 where the revision aff¢¢ts both current and periods. DONATIONS AND LEGACIES CURRENT YEAR 2025 2024 Unrestricted Unrestricted Gifts and Private donations Church and institutsojl donations Legacies 260,523 54,666 20,424 221,727 52,081 335,613 273,808 CHAIUTABLE ACTIVITIES CURRENT YEAR 2025 2024 UnTe8tricted Unrestricted Sale8 of books, videos and DVDS ConferenGe ticket sales 3,759 7,043 1,234 10,802 I,234 INVEI STMELYTS CURRENT YEAR 2025 2024 Unrestrkcted Unrestricted Interest receivable 735 549
IRIS GLOBAL UIC LIMITED PAGEII FINANCIAL STATE,MEFrrs roR'I'HE YEAR ENDED 3 1ST MARCH 2024 NOTES TO THE FINANCIAL STATfMENI'S 2025 2024 Unresiricted Unrestricted 42,576 41,418 609 468 6,015 665 9,684 9,000 7,000 13,500 1,500 4,500 9,500 14,000 5,500 I,DOO iii,000 93,000 30,000 22,000 4,500 17,000 20,000 4,500 1,000 3,000 CHARI'fABLE ACJIVITIES Admiiiistrative scrvices Deprecialion Conference costs Iris Global - California Iris Glob&l - Brazil Iris Global - South Africa Iris Global - fvtalawi is Glob(Il- I(rdLcow Tris Global - Pemba (Moiambique) Iris Global- Zimpeto (M07ambique) Iris Global - Licliiiiga (MozaLnbique) Iris Global- Nacala (M07ainbique) Iris Glob¢il - Cambodia Iris Globdl - Dondo Iris Global - Icenya Iris Global - Canada Iris Global - UgEmda Iris Global - Honorarium - 14 Balcer Iris Global - Solar bibles Production of books, videos (Ind DVD'S oirice running costs (antLlysis below) Governance cosL8 18,000 6,000 5,000 2,000 7,107 7,863 15.609 3,121 29,155 1,428 17,286 2,9118 288,084 300,408 OFFICE RUNNING COSI'S 2025 2024 UnrestriLled lJnrostrict¢d Insurance Coi]]puter cxpenses Postage, stationcry and advertising Storage Baiik cliarges Telephone Sundry expenses Website "fravel and subsislcnce Iloon rent 1,127 865 1,976 2,268 1,347 1,080 40 2,166 4,740 2,glO 863 1,477 1,999 I,324 1,416 1,051 2,128 3,476 742 15,609 17,286
IRIS GLOBAL Ut< LIMITED PAGB 12 FINANCIAL STATEMENTS foR THE, YEAR ENDED 31 ST MARCI.12025 NO'fES TO ThE FtNANCIAL STATEMENT8 TRUSTEI ES AND DIRECI'ORS 4 Ive I'TusI'ees (2024.. one Trustee) werc reiillbursed for stationery, Ir(Ivel, conference and production c05l's totslling £2,635 (2024: £30), Two Trn5tees were paid as consultants during the year under the name of Awakening Lkfe - £33,475 (2024,. £35,245). EMPLOYIES There were no employees during the current and previous year. TANGIBLL FIXED ASSETS- Current Year Office Equipmenl Al 1st April 2024 Additions 5,449 1,723 7.172 Ai 31st Nlarch 2025 DEPRECIA fIoN AND IMPAIRMENT At 1st April 2024 Depreciation charged in the year At 31st March 2025 3,834 609 4,443 CAIUiYING AMOUNf At 31st March 2025 2,729 TANGIBLE f4IXED ASSETS _ I)rior Year COST At 1st April 2023 Additions Office Equipment 4,201 1,248 At 3 1st March 2024 5,449 DEPIIECIATION AND IMPAIRIIIENT At 1st April 2023 Depreciation charged in the year Al 31 st March 2024 3,366 468 3,834 CARRYING AMOUNT At 31st March 2024 1,615 io. STOCKS 2025 2024 Fimsbed goods and goods for resale 6,916 11,705 il. DEBTORS Amounts falling due within one yL'ar: 2025 2024 PTepaJynenls and accrued income 479 256
tRIS GLOBAL UK LIMFfED PAGE 13 FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 ST MARCH 2025 NOTES TO THE FINANCIAL STATEMENrs 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Other creditors Ac¢Nals and deferred income 1,979 4,089 231 3,950 6,068 4,181 13. IIELATEI D PARTY TRANSACTIOFIS There were no related party tran8&¢tions, other than those disclosed in note 7, requiring dI108Ure during the current or previou8 year,