ANNUAL REPORT AND STATEMENT OF ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2024
ARK RESOURCES
CHARITY REGISTRATION NUMBER: 1057347
SIMPLY SOLUTIONS LEGAL AND ACCOUNTING SERVICES PENVENTON MILL TREVISKEY LANNER CORNWALL TR16 6AS
ARK RESORUCES
CONTENTS
Page 3 Legal and Administrative Information Page 4 to 5 Chairman's Report Page 6 Statement of Receipts and Payments Page 7 Statement of Assets and Liabilities page 8 - 10 Notes to the Accounts
ARK RESOURCES
LEGAL AND ADMINISTRATIVE INFORMATION
CHARITY NUMBER
1057347
START OF FINANCIAL YEAR 6th April 2023 END OF FINANCIAL YEAR 5th April 2024 TRUSTEES AT 31ST MARCH 2024 Mr Andrew Baker Mr Paul Didcote Mrs Carole Baker Rev Mrs Heather Cocker Mrs Carol Gardiner
The existing trustees appoint any new trustees following the provisions laid out in the Charity's governing instrument.
GOVERNING INSTRUMENT
Deed of Trust dated 25th June 1996, amended by deed 29th September 2009, amended by deed 2nd May 2013, amended by deed 29th September 2009, amended by deed 28th April 2014, amended by deed 27th July 2018.
Objects
The furtherance of the Christian religion by the follow:-
-
a) To give finance or help to people according to their need and to teach others to have a giving nature.
-
b) To arrange holidays for those otherwise, for varied reasons, could not take such times of refreshment; especially children.
-
c) To hold conferences to teach a better way to live.
-
d) To train people in Biblical economics prayer, healing, faith, worship and to further the Christian way of life.
CORRESPONDENCE ADDRESS
Moorings North Corner Coverack Helston TR12 6TQ
INDEPENDENT EXAMINER
Mrs. T. D. Robinson Simply Solutions Legal and Accountancy Services Penventon Mill Treviskey Lanner Cornwall TR16 6AS
Page 3
ARK RESOURCES
CHAIRMAN'S REPORT FOR THE YEAR ENDED 5TH APRIL 2024
Makeway Ministries
(Working name of Ark Resources) UK Registered Charity No 1057347 Registered address: The Moorings, North Corner, Coverack, Helston TR12 6TQ England
Chairman’s Report 2023-2024
The world has entered a new season that may prove to be a tough time for many. Accordingly, we have sought to use the year to help prepare people for some of the difficulties they may encounter in the times ahead.
Even though we are a small Charity we have helped people in need of financial assistance; brought surprise blessings to several couples and individuals and enabled people to attend conferences which they otherwise would have missed. We have also spent much time teaching others about giving, sharing and other ways of becoming support groups for each other.
During the year we have continued to run our “A Better Way to Live” course online. The course teaches people how to live victoriously in the face of turbulent times. We have, as a Charity, facilitated giving projects to bring support and blessing to different people. We have shared with other groups about biblical economics and the principles of trusting God for His practical help. We have members on various advisory boards of leaders and businesspeople in different countries, thus giving us opportunities to share the same principles. We have ministered one-to-one into many lives, face to face or via Zoom, Skype, WhatsApp etc, bringing prayer, help and healing to the people concerned. We have distributed some of our books on various subjects that will lead people to the Christian faith, help them grow in that faith or introduce new aspects of faith to challenge and teach people how to receive healing and solutions from the God of the Bible. We have given to food banks, missionaries, people in need and to projects designed to heal and restore people, thus encouraging some and simply bringing surprise blessings to others.
Two of our main events of the year were conferences we facilitated and led in Switzerland with international delegates. The conferences each had an adjoining tour to bless mainly those who would otherwise never be able to do such a thing. Extra to these, the Chairman was a keynote speaker at a major international christian business conference in Paris in March 2024. We also participated in a ministry conference in Madrid and the Chairman was again the speaker at another in Malaga in November 2023. We spent time and money helping to rescue stranded people in and from Israel in October 2023, due to the outbreak of war there. We participated in an important prophetic and apostolic gathering of leaders in Oxfordshire also in October 2023, and took part in meetings designed to prepare businesspeople for new economic models to change the face of business around the world, bringing more emphasis on the community, the God factor, the environment, the workforce and others in the supply chain, rather than just money. This was held in Geneva and other related places. Added to these events were several other international and national gatherings we were involved with in varying capacities from facilitating, speaking or organising, through to attending to widen our knowledge of the subject we are called to help people with.
Page 4
ARK RESOURCES
CHAIRMANS REPORT CONTINUED FOR THE YEAR ENDED 5TH APRIL 2024
The Chairman also underwent a major operation during the summer of 2023 and recovered well within the expected timeframe.
All in all, 2023-2024 season was a wonderful year of preparing people as we continued with the teaching course, prepared for a major conference in Switzerland for May 2024 and as I continued to write the latest book about “Who Jesus was and is”. May this next year be as fruitful as this one was, or perhaps, even better!
Signed:
A P Baker Chairman
Page 5
ARK RESOURCES
STATEMENT OF RECEIPTS AND PAYMENTS FOR THE YEAR ENDED 5TH APRIL 2024
| RECEIPTS: Notes Voluntary Income 2a Investment Income 2b Charitable Activities 2c Other Incoming Resources 2d TOTAL RECEIPTS PAYMENTS: Cost of Charitable Activities 3a Governance costs 3b Other Resources Expended 3c NET INCOMING/(OUTGOING) RESOURCES Balances Brought Forward BALANCES CARRIED FORWARD |
Total Total 2023/2024 2022/2023 £ £ 76,251 72,184 0 0 477 84 2,025 0 78,753 72,268 73,866 84,008 4,149 1,882 0 48 78,015 85,938 738 (13,670) 5,473 19,143 6,211 5,473 Unrestricted Funds |
Total 2021/2022 £ 81,837 0 228 0 82,065 74,491 2,664 891 78,046 4,019 15,124 19,143 |
|---|---|---|
The notes on pages 10 - 12 form part of these accounts
All operations are continuing operations
Page 6
ARK RESOURCES
STATEMENT OF ASSETS AND LIABILITIES FOR THE YEAR ENDED 5TH APRIL 2024
| ASSETS | 05.04.24 | 05.04.23 | 05.04.22 | |
|---|---|---|---|---|
| Note | £ | £ | £ | |
| Designated Bank Funds in Sterling: | ||||
| RBS 576 | 0 | 0 | 0 | |
| RBS 166 | 0 | 0 | 0 | |
| RBS 216 | 0 | 0 | 0 | |
| RBS 353 | 249 | 190 | 0 | |
| RBS 426 | 2,659 | 662 | 6,719 | |
| RBS 264 | 511 | 552 | 1,468 | |
| Swiss Post Finance CHF 785 | 2,920 | 4,122 | 2,363 | |
| Swiss Post Finance EUR 916 | 1,309 | 1,947 | 9,668 | |
| Cash on Hand CHF | 41 | 0 | 0 | |
| Petty cash & Cash | 60 | 425 | 1,350 | |
| 7,749 | 7,898 | 21,568 | ||
| Represented by: | ||||
| General Fund | 6,211 | 5,473 | 19,143 | |
| LIABILITIES | ||||
| Credit Card | 555 | 0 | 0 | |
| Loan | 0 | 2,025 | 2,025 | |
| Independent Examiners Fee | 777 | 400 | 400 | |
| 7,543 | 7,898 | 21,568 |
TRUSTEES RESPONSIBILITIES IN RELATION TO FINANCIAL STATEMENTS
Charity Law requires the Trustees to prepare financial statements for each financial year which comply with the regulations set out in the charities Act 1993. The trustees have elected to take advantage of the provisions that apply to small charities and have prepared a Receipts and Payments Account and Statement of Assets and Liabilities which are set out on pages 8 and 9.
Approved by the Trustees on……………….......................................... 2024 and
Signed on their behalf by………………………………………. Chairman
Page 7
ARK RESOURCES
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 5TH APRIL 2024
1. BASIS OF ACCOUNTING
The accounts have been prepared under the "Receipts and Payments" basis as prescribed by the Charity Commissioners, and they meet the appropriate legal requirements. The accounts are prepared on a "going concern basis.
| 2. RECEIPTS a) Donations, Legacies and Similar Incoming Resources Gifts, Offerings & Donations Delegates Sales b) Investment Income Interest c) Charitable Activities Book Sales d) Sundry Income 3. PAYMENTS a) Cost of Charitable Activities Gifts for welfare local, UK and abroad Rent and Rates Utility Costs Telephone and Mobile Expenses Printing, Postage and Stationary Equipment/Computers |
Total Total 2023/2024 2022/2023 £ £ 66,567 66,978 9,684 5,206 76,251 72,184 0 0 0 0 477 84 477 84 2,025 0 2,025 0 31,086 43,186 4,852 4,550 1,650 3,000 1,207 1,101 2,220 136 115 624 41,130 52,597 Unrestricted Funds |
Total 2021/2022 £ 72,807 9,030 81,837 0 0 228 228 0 0 48,017 3,850 3,000 1,105 323 858 57,153 |
|---|---|---|
Page 8
ARK RESOURCES
NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2024
| 3. PAYMENTS (Continued) a) Cost of Charitable Activities (Continued) Repairs and Maintenance and Equipment Hire Teaching Materials Volunteer Expenditure Conference Expenses and Travel Vehicle Expenses Total Cost of Charitable Activities b) Governance Costs Bank Charges and Interest Insurance Costs Variance Adjustment Legal and Professional Fees c) Other Resources Expended Miscellaneous Expenses |
Total 2023/2024 £ 0 0 0 28,795 3,941 32,736 73,866 886 1,203 271 1,789 4,149 0 0 |
Total 2022/2023 £ 0 0 0 27,601 3,810 31,411 84,008 793 375 (404) 1,118 1,882 48 48 |
Total 2021/2022 £ 163 722 0 14,591 1,862 17,338 74,491 724 375 86 1,479 2,664 891 891 |
|---|---|---|---|
Page 9
ARK RESOURCES
NOTES TO THE ACCOUNTS (Continued) FOR THE YEAR ENDED 5TH APRIL 2024
4. PAYMENTS TO TRUSTEES AND RELATED PARTIES
No other payments were made to any other Trustee.
5. RISK ASSESSMENT
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of the controls over key financial systems carried out on the annual basis will provide sufficient resources in the event of adverse conditions. the trustees have also examined other operational and business risks which they face and confirm that they have established systems to mitigate the significant risks.
6. RESERVES POLICY
The trustees have considered the level of reserves they wish to retain, appropriate to the charity's needs. This is based on the charity's size and the level of financial commitments held. The trustees aim to ensure the charity will be able to continue to fulfil its charitable objectives even if there is a temporary shortfall in income or unexpected expenditure. The trustees will endeavour not to set aside funds unnecessarily.
Page 10
Ark Resources Final 2324
Final Audit Report
2024-09-24
Created: 2024-09-03 By: Tamarine Robinson (info@bluestoneaccountancy.co.uk) Status: Signed Transaction ID: CBJCHBCAABAAy5RH6uXJ7HhVjbF9uHjRrmGjseLvxFmT
"Ark Resources Final 2324" History
Document created by Tamarine Robinson (info@bluestoneaccountancy.co.uk) 2024-09-03 - 8:33:01 AM GMT
Document emailed to Jozef Piercy (jozef@arkresources.net) for signature 2024-09-03 - 8:33:05 AM GMT
Email viewed by Jozef Piercy (jozef@arkresources.net) 2024-09-03 - 8:46:06 AM GMT
Email viewed by Jozef Piercy (jozef@arkresources.net) 2024-09-10 - 11:47:20 AM GMT
Email viewed by Jozef Piercy (jozef@arkresources.net) 2024-09-23 - 12:21:42 PM GMT Email viewed by Jozef Piercy (jozef@arkresources.net) 2024-09-24 - 1:32:50 PM GMT Document e-signed by Jozef Piercy (jozef@arkresources.net) Signature Date: 2024-09-24 - 1:33:35 PM GMT - Time Source: server Agreement completed. 2024-09-24 - 1:33:35 PM GMT